James and John own and operate a super market in partnership. They share profits and losses 60/40 respectively. The profit and loss account for the year ended 31st December 2022 is as follows: Other information: i. The partners' salary and interest are as given in the appropriation account. ii. Included in general expenses is the amount of $102,000 for subscriptions and donations. A breakdown of the subscriptions and donations is as follows: $50,000, donations to church and school events not on the Commissioner Generals' approved list. $52,000, magazine and service club (Lioness) subscriptions. iii. The partnership paid life insurance for the families of James and John as follows: James $55,000 and John $55,000. These amounts are included in the insurance expenses. iv. Bad debts totalling $65,625 are in relation to a debtor who is bankrupt and the remaining balance is a general provision. v. The non-current asset at the end of the 2022 are as follows: Plant \& machinery $450,000 purchased in 2018. Pickup truck purchased in 2017, $850,000. Computers purchased 2016, $90,000. Office furniture with a written down value of $30,000 was sold for $25,000. vi. James is 50 and John is 70 years old. vii. John is in receipt of pension income of $77,000 for the year. viii. James received net interest income on a fixed deposit at the bank amounting to $60,000 for the year. Required: Compute the income tax liability of James and John for the year of assessment 2022, stating all necessary assumptions