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Question #1 (2 Marks a) Khaldun, Khaled, and Kamal are partners in a firm. Partners' capital during 2021 show the following: Khaldun Khaled Kamal Capital,

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Question #1 (2 Marks a) Khaldun, Khaled, and Kamal are partners in a firm. Partners' capital during 2021 show the following: Khaldun Khaled Kamal Capital, January 1,2021 30000 40000 45000 Add: Additional investment 1/3/2021 6000 6000 Less: Deduction 1/6/2021 6000 Add: Additional investment 1/8/2021 4000 7000 Less: Deduction 1/10/2021 10000 Capital, December 31,2021 36000 50000 36000 During 2021, the partnership earned net income $60000. Kamal's share of profit if the partners share profits and losses based on the Average Partners' capital balances during the year......... b) Siham, Sawsan and Suzan are partners in a firm partners share net income based on ending partners' capital balances. Their capital on 1/1/2021 $240,000, $200,000, $180,000, respectively. During 2021, the partnership earned net income of $160,000. Siham reduces her capital of $40,000, Sawsan made drawings of $20,000, and introduced additional capital of $50,000. While Suzan reduces her capital of $10,000. Sawsan's share of the net income is

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