Luqman and Pidris share profits and losses equally. Luqman and Pidris receive salary allowances of $20,000 and $30,000, respectively, and both partners receive 10% interest on their average capital balances. Lugman is entitled to a bonus of 5% after deduction of the bonus. Partners' drawings are not used in determining the average capital balances. Total net income for 2020 is $126,000. Luqman $100,000 18,000 Pidris $120,000 18,000 January 1 capital balances Yearly drawings ($1,500 a month) Permanent withdrawals of capital: July 1 June 1 Additional investments of capital: August 1 November 1 _(15,000) (20,000) 40,000 50,000 1. What is the weighted-average capital for Lugman and Pidris in 2020? (6 points)