Puan Sara is a Malaysian citizen, and operates a restaurant and a food catering partnership business with Joan. The accounts of the partnership are made up to 31 December each year. The partnership terms are as follows:

i) Interest of 5% per annum to be paid to Sara and Joan on their capital contribution of RM200,000 and RM140,000 respectively.

ii) Sara and Joan are to be paid salaries of RM7,000 and RM6,000 per month respectively.

iii) Profit sharing ratios of 2/3 for Sara and 1/3 for Joan.

On 1 July 2018, Joan left the partnership and Tiara joined as a new partner with a capital contribution of RM200,000. The new partnership maintains it accounts to 31 December each year. The profit sharing ratio and terms of the partnership were changed effective from 1July 2018 as follow:

i) Sara and Tiara will receive an interest of 5% per annum based on their capital contribution.

ii) A salary of RM8,000 per month is to be paid to each partner.

iii) Effective from 1 July 2018, the profit sharing ratio for the partners is 1:1.

iv) The provisional adjusted income of the partnership for the year of assessment 2018 are as follows:

1.1.2018 - 30.6.2018 = RM130,000

1.7.2018 - 31.12.2018 = RM130,000

v) The capital allowance for the year of assessment 2018 is RM40,000

Required:

Compute the adjusted income and the statutory income from the partnership business for Puan Sara, Joan and Tiara for the year of assessment 2018.