Question 1 30 pts Tony, Patrick and Steve form a partnership, named TPS. Tony has a salary allocation of $40,000, Patrick $20,000 and Steve 0. Tony contributed $50,000, Patrick $25,000 and Steve $15,000. These capital contributions were made on 1/1/2019. An interest allocation of 10% is paid on the beginning capital amounts. The remainder is shared 3:2:1. Tony had draws of $20,000 during the year, Patrick $10,000 and Steve $5,000. 1. Allocate the income to the partners if the TPS partnership had net income of $350,000 during 2019 and calculate each partners ending capital balance. 2. Allocate the income to the partners if the TPS partnership had net income of $50,000 during 2019 and calculate each partners ending capital balance. HTML Editora B I A AIX EE11 x'x, E V DTH 12pt Paragraph