please only answer question 10

10. A partnership begins its first year with the following capital balances: The articles of partnership stipulate that profits and losses be assigned in the following manner: - Each partner is allocated interest equal to 5 percent of the beginning capital balance. - Bertrand is allocated compensation of $45,000 per year. - Any remaining profits and losses are allocated on a 3:3:4 basis, respectively. - Each partner is allowed to withdraw up to $25.000 cash per year. Assuming that the net income is $115,000 and that each partner withdraws the maximum amount allowed, what is the balance in Coloma's capital account at the end of the year? a. $143,000 b. $135,000 c 5168,000 d $164,000 II. A partnership begins its fint year of operations with the following capital balances: According to the articles of parmership, all profits will be assigned as follow: - Wiaston will be awarded an antual salary of $20,000 with $10,000 assigned to Salem. - The parmers will lie attribated interest equal to 10 percent of the capital balance as of the first day of the yeat. - The remainder will be astigned on a 5:2:3 basis, respectively. - Each partmer is allowed to withdraw up to $10,000 per year. The net loss for the first yoar of operations is $20,000, and net incoge for the subsequent year is $40,000. Fach partner withdraw ithe maximum amount frobs the basines cach period What is the balance is Winston's capiaal account at the enut of the second jear