Jope, Jani, Gopi own a supermarket in Nadera, Suva. The retail shop is open seven days a week. Jope and Jani are working partners in the business. Opening balances for capital and current accounts were: Capital Account $ Current Account $ Jope 120 000 Cr Jope 20 000 Cr Jani 50 000 Cr Jani 14 000 Dr Gopi 50 000 Cr Gopi 10 000 Cr Jani invested an additional $25 000 on 1st July 2018, not yet included in the opening capital. Drawings over the year were: Jope $45 000, Jani $38 000, Gopi $65 000. The partnership agreement reflected the following: Interest on Capital is at 4% p.a. on opening capital. Interest on drawings of 5% p.a. on any amount exceeding drawings of $20 000. Interest on current accounts is applied at 3% p.a. of opening balances. Net Profit for the year ended 31st July 2018, was $210 000. Salaries to partners due are: Jope - $40 000, Jani - $20 000 Profits will be distributed evenly. Required: (a) Prepare the Profit and Loss Appropriation Statement for Jope, Jani and Gopi for the year ended 31st July 2018. (b) Prepare the Current account of Jope, Jani and Gopi. (c) Define current account. (d) Explain why partners usually get paid for working in the business