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Laman and Pidcis share profits and losses equally. Laman and Didris, receive salary allowances of $20,000 and $30,000, respectively, and both partners receive 10% interest

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Laman and Pidcis share profits and losses equally. Laman and Didris, receive salary allowances of $20,000 and $30,000, respectively, and both partners receive 10% interest on their average capital balances. Didris is entitled to a bonus of 10% after deduction of bonus. Partners' drawings are not used in determining the average capital balances. Total met income for 2020 is $275,000 LORS $100,000 18,000 Pidris 120,000 18,000 January 1 capital balances Yearly drawings ($1,500 a month) Permanent withdrawals of capital: June May 1 Additional investments of capital: July 1 October 412,000) (15,000) 50,000 60,000 a What is the weighted average capital for Laman and Didris in 2020? (10 Points) b What will be the final profit allocations for Luoman and Ridis in 2007 (16 points) I Laman and Pidcis share profits and losses equally. Laman and Didris, receive salary allowances of $20,000 and $30,000, respectively, and both partners receive 10% interest on their average capital balances. Didris is entitled to a bonus of 10% after deduction of bonus. Partners' drawings are not used in determining the average capital balances. Total met income for 2020 is $275,000 LORS $100,000 18,000 Pidris 120,000 18,000 January 1 capital balances Yearly drawings ($1,500 a month) Permanent withdrawals of capital: June May 1 Additional investments of capital: July 1 October 412,000) (15,000) 50,000 60,000 a What is the weighted average capital for Laman and Didris in 2020? (10 Points) b What will be the final profit allocations for Luoman and Ridis in 2007 (16 points)

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