Question 4: (7 points) B1, C1, C3 At the end of 2018 Hassan, Huda, Ahmad and Hanen invested, $200,000; $100,000; $300,000; and $250,000 cash in a partnership, respectively. The partnership agreement provides that profits are to be allocated as follows: 1. Annual salaries of $10,000; $5,000; $3,000 and $2,000 are granted to Hassan, Huda, Ahmad and Hanen, respectively. 2. Huda is entitled to a bonus of 5% of the net income after salaries and bonus but before interest on capital investments is subtracted. 3. Each partner is to receive an interest credit of 10% on the original capital investment. 4. Remaining profits are allocated according to the capital percentage for each partner. On December 31, 2019, the partnership reported net income before salaries, interest, and bonus of $300,000. Instruction: 1. Calculate the bonus allocated to Huda. (2 Points) 2. Allocate partnership profit. (4 Points) 3. Prepare the necessary entries. (1 Point)