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Layla and Dori started a partnership three years ago. Their partnership agreement calls for profits and losses to be shared as follows: - Salary allowances:
Layla and Dori started a partnership three years ago. Their partnership agreement calls for profits and losses to be shared as follows: - Salary allowances: 2020: 3,500 per month to Layla and $2,000 to Dori 2021: 3,700 per month to Layla and $2,200 to Dori 2022: 4,000 per month to Layla and $2,500 to Dori - Interest allowances: 10% of the capital balance at the beginning of each year. - Balance: any remaining balance shared equally between the two partners. The following summarizes events for the last three years. Profit for the three years are as follows: Required: 1. Complete the table below to show the allocation of profits for the first three years Required
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