Richard and Philip are lawyers and have been in partnership for over 10 years. Richard being a senior partner draws a salary of 20,000 per annum and the balance of the profit shared equally. Lien who has been an employee for a number of years was made a partner on 1 July 2022. Richard continued to receive salary and the balance of the profit shared 40:50:10 between Richard, Philip and Lien respectively. The partnership results have been as follows: 30 June 2020 30 June 2021 30 June 2022 You are required to: Profits 40,000 62,000 68,000 a) Show the split of accounting profits between each partner for each accounting period b) Calculate the assessable profit for each partners 2021/22 and 2022/23 showing any overlap profit