Question 26 2 pts Partners Tuba and Drum share profits and losses of their partnership equally after 1) annual salary allowances of P15,000 for Tuba and P12,000 for Drum and 2) 10% interest is provided on average capital balances. During 20x4, the partnership had earnings of P70,000; Tuba's average capital balance was P75,000 and Drum's average capital balance was P80,000. How should the P70,000 of earnings be divided? 1. Share of Tuba 2. Share of Drum 1 2 Next