Partners Larry, Curly, and Moe begin the year with capital balances of $50,000, 60,000, and $70,000 respectively. The partnership agreement stipulates that profits and losses be assigned in the following manner: Each partner is allocated 5% interest on his beginning capital balance. Curly is allocated compensation of $18,000 per year. Remaining profits and losses are allocated on a 40:30:30 ratio. Each partner withdrew $1,000 per month from the partnership. A. Assume net income is $46,000. Compute the net income allocated to each partner and the ending balance of each partner's capital account. B. Assume instead that net income is $17,250. Compute the net income allocated to each partner and the ending balance of each partner's capital account