Questions 20-22 [The following information applies to the questions desployed belowl Bull Beck, Bruce Beck, and Barb Beck formed the BBB Partnership by making capital contributions of $78,300, $304,500, and $487,200, respectively. They predlct annual partnership net income of $513.000 and are considering the following alternative plans of sharing Income and loss: (a) equally, (b) In the ratho of their Intual capital Investments, or (c) salary allowances of $84,800 to BIll., $63,600 to Bruce, and $96,000 to Barb. Interest allowances of 10% on their Initlal capital Investments, and the balance shared as follows: 20% to Bill, 40% to Bruce, and 40% to Barb. Required: 1. Use the table to show how to distribute net income of $513,000 for the calendar year under each of the alternative plans being considered. (Do not round intermediate calculations.) Income (Loss) Sharing Plan Bill Bruce Net Income (loss) Balance allocated equally Balance of income (loss) Shares to the partners Plan (b) Bruce Net Income (loss) Balance allocated in proportion to O m Cortana. Ask me anything