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Plusle and Minun share profits and losses in a ratio of 2:3, respectively. Plusle and Minun receive salary allowances of P10,000 and P20,000, also respectively,

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Plusle and Minun share profits and losses in a ratio of 2:3, respectively. Plusle and Minun receive salary allowances of P10,000 and P20,000, also respectively, and both partners receive 10% interest based upon the balance in their capital accounts on January 1. Partners' drawings are not used in determining the average capital balances. Total net income for 2020 is P60,000. If net income after deducting the interest and salary allocations is greater than P20,000, Minun receives a bonus of 5% of the original amount of net income. Plusle Minun January 1 capital balances P200,000 P100,000 Yearly drawings (P1,500 per month) 18,000 18,000 What are the total amounts for the allocation of interest, salary, and bonus, and, how much over-allocation is present

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