Raheel and Frank have been in partnership for many years, preparing accounts to 31 October each year. For the year ended 31 October 2019, taxable trading profits were 70,000. Raheel is allocated an annual salary of 12,000 and Franks salary is 28,000. The profit sharing ratio is 2:1.

Show the trade profits allocated to each partner for the period of account ended 31 October 2019.