John Bullie and Mary Cowardly are in Partnership sharing profits and losses in the ratio of their capital balances. The following balances were left over in their books after the preparation of the Income Statement on December 31, 2021. $ Capital Accounts: John Bullie 60,000 Mary Cowardly 80,000 Current Accounts: John Bullie (Debit) 600 Mary Cowardly (Credit) 3,000 Drawings: John Bullie 24,000 Mary Cowardly 10,000 Motor cars at cost 86,000 Premises at cost 464,000 Trade receivables 46,600 Trade payables 34,000 Inventory at December 31, 2020 36,000 Cash at bank 54,000 Additional information: 1. The net profit for the year ended December 31, 2021 was $500,000. 2. Each partner earns an annual salary of $120,000. 3. Interest on capital is to be paid at the rate of 5% per annum. 4. Interest on drawings is to be charged at the rate of 10% per annum. John Bullie drew cash on January 1, 2021 and Mary Cowardly drew cash on June 30, 2021. Required: a) Prepare the Profit & Loss Appropriation Account of John Bullie & Mary Cowardly for the year ended 31st December, 2021. (10 marks) b) Prepare the Current Accounts of John Bullie & Mary Cowardly for the year ended 31st December, 2021. (10 Marks)