I need help with parts B and C please.

C. Eastwood, A. North, and M. West are manufacturers' representatives in the architecture business. Their capital accounts in the ENW partnership for 20X1 were as follows: 9/1 C. Eastwood, Capital 9,400 1/1 5/1 31,500 7,300 3/1 A. North, Capital 10,200 1/1 7/1 9/1 40,500 5,300 5,900 8/1 M. West, Capital 13,400 1/1 4/1 6/ 1 50,500 7,800 3 ,600 Required: For each of the following independent income-sharing agreements, prepare an income distribution schedule. a. Salaries are $15,700 to Eastwood, $20,200 to North, and $19,500 to West. Eastwood receives a bonus of 5 percent of net income after deducting his bonus. Interest is 10 percent of ending capital balances. Eastwood, North, and West divide any remainder in a 3:3:4 ratio, respectively. Net income was $81,270. (Amounts that are to be deducted from an individual partner's capital balance should be entered with a minus sign.) Answer is complete and correct. Eastwood North West Total 10 3 41,500 4 48,500 $ 29,400 $ $ $ $ Profit ratio Ending capital Net income Salary Bonus Interest on ending capital balance Residual income (deficit) Allocate Total 15,700 $ 20,200 3,8700 2,940 4.150 19,500 0 ,850 81,270 (55,400) (3,870) (11,940) 4 $ 3,018 25,528 3,018 27,368 4,024 28,374 10,060 (10,060) 0 $ $ $ $ b. Interest is 10 percent of weighted average capital balances. Salaries are $25,200 to Eastwood, $22,200 to North, and $25,500 to West. North receives a bonus of 10 percent of net income after deducting the bonus and her salary. Any remainder is divided equally. Net income was $70,050. (Do not round intermediate calculations. Round the final answers to nearest whole dollar. Amounts that are to be deducted from an individual partner's capital balance should be entered with a minus sign.) Answer is not complete. Eastwood North West Total 13 1 1 $ 70,050 Profit ratio Average capital Net income Interest on average capital balance Salary Bonus Residual income (deficit) Allocate Total 25,200 22,200 25,500 (72,900) $ (2,850) $ 25,200 $ 22,200 $ 25,500 $ (2,850) c. West receives a bonus of 20 percent of net income after deducting the bonus and the salaries. Salaries are $21,500 to Eastwood, $18,500 to North, and $16,100 to West. Interest is 10 percent of beginning capital balances. Eastwood, North, and West divide any remainder in an 8:7:5 ratio, respectively. Net income was $95,220. (Do not round intermediate calculations. Amounts that are to be deducted from an individual partner's capital balance should be entered with a minus sign.) Answer is not complete. North West Eastwood 8 Total Total 20 7 5 $ Profit ratio Beginning capital Net income Bonus Salary Interest on beginning capital balance Residual income (deficit) Allocate Total 95,220 0 (56,100) 21,500 18,500 16,100 $ 39,120 $ 21,500 $ 18,500 $ 16,100 $ 39,120 C. Eastwood, A. North, and M. West are manufacturers' representatives in the architecture business. Their capital accounts in the ENW partnership for 20X1 were as follows: 9/1 C. Eastwood, Capital 9,400 1/1 5/1 31,500 7,300 3/1 A. North, Capital 10,200 1/1 7/1 9/1 40,500 5,300 5,900 8/1 M. West, Capital 13,400 1/1 4/1 6/ 1 50,500 7,800 3 ,600 Required: For each of the following independent income-sharing agreements, prepare an income distribution schedule. a. Salaries are $15,700 to Eastwood, $20,200 to North, and $19,500 to West. Eastwood receives a bonus of 5 percent of net income after deducting his bonus. Interest is 10 percent of ending capital balances. Eastwood, North, and West divide any remainder in a 3:3:4 ratio, respectively. Net income was $81,270. (Amounts that are to be deducted from an individual partner's capital balance should be entered with a minus sign.) Answer is complete and correct. Eastwood North West Total 10 3 41,500 4 48,500 $ 29,400 $ $ $ $ Profit ratio Ending capital Net income Salary Bonus Interest on ending capital balance Residual income (deficit) Allocate Total 15,700 $ 20,200 3,8700 2,940 4.150 19,500 0 ,850 81,270 (55,400) (3,870) (11,940) 4 $ 3,018 25,528 3,018 27,368 4,024 28,374 10,060 (10,060) 0 $ $ $ $ b. Interest is 10 percent of weighted average capital balances. Salaries are $25,200 to Eastwood, $22,200 to North, and $25,500 to West. North receives a bonus of 10 percent of net income after deducting the bonus and her salary. Any remainder is divided equally. Net income was $70,050. (Do not round intermediate calculations. Round the final answers to nearest whole dollar. Amounts that are to be deducted from an individual partner's capital balance should be entered with a minus sign.) Answer is not complete. Eastwood North West Total 13 1 1 $ 70,050 Profit ratio Average capital Net income Interest on average capital balance Salary Bonus Residual income (deficit) Allocate Total 25,200 22,200 25,500 (72,900) $ (2,850) $ 25,200 $ 22,200 $ 25,500 $ (2,850) c. West receives a bonus of 20 percent of net income after deducting the bonus and the salaries. Salaries are $21,500 to Eastwood, $18,500 to North, and $16,100 to West. Interest is 10 percent of beginning capital balances. Eastwood, North, and West divide any remainder in an 8:7:5 ratio, respectively. Net income was $95,220. (Do not round intermediate calculations. Amounts that are to be deducted from an individual partner's capital balance should be entered with a minus sign.) Answer is not complete. North West Eastwood 8 Total Total 20 7 5 $ Profit ratio Beginning capital Net income Bonus Salary Interest on beginning capital balance Residual income (deficit) Allocate Total 95,220 0 (56,100) 21,500 18,500 16,100 $ 39,120 $ 21,500 $ 18,500 $ 16,100 $ 39,120