i need all calculation steps for my questions. not just a answer.

1. The partnership of X and Y shares profits and losses in the ratio of 60 percent to X and 40 percent to Y. For the year 2008, partnership net income was double X's withdrawals. Assume X's beginning capital balance was $80,000, and ending capital balance (after closing) was44. The partnership of X and Y shares profits and losses in the ratio of 60 percent to X and 40 percent to Y. For the year 2008, partnership net income was double X's withdrawals. Assume X's beginning capital balance was $80,000, and ending capital balance (after closing) was$140,000. Partnership net income for the year was: A. $120,000. B. $300,000. C. $500,000. D. $600,000 2. Shue, a partner in the Financial Brokers Partnership, has a 30 percent share in partnership profits and losses. Shue's capital account had a net decrease of $100,000 during 2008. During2008, Shue withdrew $240,000 as withdrawals and contributed equipment valued at $50,000 tothe partnership. What was the net income of the Financial Brokers Partnership for 2008? A. $633,334 B. $466,666 C. $300,000 D. $190,000