Question:$-$

Sam, Tana, Loo and Yus are in partnership for years with invested capital of RM$60,000,$ RM$60,000,$ RM$70,000$ and RM$75,000$ respectively. The partners have created an agreement on the following appropriation scheme: i$.$ Interest is to be allowed on capital and charged on drawings by the firm at $8\%$ per annum. ii$.$ The four partners are entitled to yearly salaries as below: Sam $$ RM$8,000$ Tana $$ RM$7,000$ Loo $$ RM$9,000$ and Yus $$ RM$10,000..\mathrm{.}3/3$ BBM$206/03$ iii. Profit and losses are to be shared as follows: Sam $40\%$ Tana $25\%$ Loo $20\%$ Yus $15\%$ During the year, RM$5,000$ as part of each partner$$s salaries was paid by the firm. For the financial year ended $31$ December $2023,$ the partnership has earned a net profit of RM$80,300,$ after deducting an interest on loan from Yus of RM$1,000.$ The interest was not yet paid. The following items have to be taken$-$into account in preparing the Profit and Loss Appropriation Account and Current Account: Sam Tana Loo Yus RM RM RM RM Balances on current accounts at $31$ Jan $20233,100($CR$)1,200($DR$)2,100($CR$)900($CR$)$ Drawings for the year $202324,00020,00015,00018,000$ Chargeable interest on each partner$$s drawings $1,8001,2001,1001,000$ Required: Prepare Profit and Loss Appropriation Account for the year ended $31$ December $2023.?$