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Really need help with this, thank you in advance! Dennis and Joy established Victory Partnership investing P500,000 each on Nov. 9, 2019. Part of their

Really need help with this, thank you in advance!

Dennis and Joy established Victory Partnership investing P500,000 each on Nov. 9, 2019. Part of their profit distribution is a bonus of 15% to Dennis, the managing partner. Calculate the amount of bonus under each of the following independent assumptions assuming the net income for the year ended December 31, 2019, is P300,000: (assume 30% tax rate). Show all computations in good form.

a. Bonus is based on profit before deducting bonus and income tax.

b. Bonus is based on profit after deducting bonus but before deducting income tax.

c. Bonus is based on profit before deducting bonus after deducting income tax.

d. Bonus is based on profit after deducting bonus and income tax.

i. If the bonus is not treated as an expense ii. If the bonus is treated as an expense

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