Mr. A and Mr. B started business on 1.11.2015 sharing profits 40:60. On 1.8.2017 Mr. C joined the partnership and from that date they were sharing profits 30:50:20 for Mr. A, Mr. B and Mr. C, respectively.

The profits of the partnership adjusted for income tax were as follows:

Period ended 30.9.2016 $48,000.

Year ended 30.9.2017 $56,000.

Year ended 30.9.2018 $62,000.

Year ended 30.9.2019 $74,000.

Required a. Calculate the assessable profits on each of partners for all relevant years from 2016 to 2018