Question 2, (CLO 3, 6 Marks) Maryom and Munir have a partnership agreement with the following conditions: 1. Moryom recelves AED 131 508 annual salary allowance and Munir receives on allowance 2. 3. The beginning bolances of Maryam and Munir are AED 109,520 and AED 36,530 4. 5. of AED 87,672 Each partner is allowed an annual interest allowance of 10% on their beginning capital balance respectively Any remaining balance of income or loss is allocoted equally. The remaining balance ofter the allocation of salary allowances and interest allowances is AED 21,925 The name of the partnership is Marnir Partnership Required: During 2017, Maryam withdrew AED 73,060 cash from the partnership and Munir withdrew AED 43,836. Net income for the year is AED 255,710. Prepare the Stotement of Partner's Equity. (CLO 3, 6 marks) Statement of Partners' Equity Maryam Munir Total Beginning capital balances Investments by owners Net income Salary allowances Interest allowances Balance allocated Total net income Less partners' withdrawals Ending capital balances