Question 7 Aarush, Advik and Azad are partners. The partnership agreement provides that partners will receive interest of 8% of their average capital balance and a salary allowance as follows: Aarush $50,000 Advik $40,000 $40,000 Azad Aarush, who manages the business, will receive a bonus of 25% of the profit in excess of $90 000 after partners' interest and salary allowances have been deducted. Residual profits will be divided: Aarush (half) Advik (one third) Azad (one sixth) During the current year their average capital balances were as follows: Aarush Advik Azad $250,000 $150,000 $90,000 Required Prepare a schedule showing how profit will be divided among the three partners if the profit for the year before the adjustments is $320 000. Click or tap here to enter text. (11 marks)