Question #2- (6 POINTS): Mahdi and Omar have capital balances on January 1,2020 of $17,000 and $15,000, respectively. The partnership income-sharing salaries of $8,500 for Mahdi and $6,800 for Omar, (2) interest at 8% on beginning agreement provides for (1) annual capital balances, and (3) remaining income or loss to be shared 70% by Mahdi and 30% by Omar. Instructions (a) Prepare a schedule showing the distribution of net income in 2020, assuming that net income in 2020 is $20,000. (b) Journalize the allocation of 2020 net income to the partners. Solution to Question # 2 (6 POINTS):