S, K and P are in a Partnership business as Machinery Manufacturers. They share Profits as 4:3:3. The following Balances was extracted on December 31, 2021. Particulars Cash at Bank Purchase of Raw Material Discount (Dr) Rent and Insurance Factory Expenses Office Expenses Sundry Debtors Furniture Telephone Opening stock of Raw Material Carriage inwards Salaries (Including sales manager salary) Repairs to Buildings Bad debts Carriage Outwards Vehicle Drawings Vehicle running expenses Travelling expenses Advertising Expenses Plant and Machinery Partner S's salary Partner K's salary S K P Partner P's salary Closing stock was valued at Particulars 25,760 Capital Accounts Outstanding Office expenses Outstanding Telephone expenses Depreciation on Vehicle 1,200,000 54,400 36,960 Commission Received 152,000 Sundry Creditors 9,600 Sales 51,200 25,600 2,400 94,400 384,000 57,600 3,200 12,800 14,400 20,800 38,400 35,200 33,600 17,600 22,400 29,280 76,800 2,398,400 Note: They employed a sales manager who is paid a salary and plus one percent commission on total sales. Additional Information S K P Depreciation on Plant and Machinery Depreciation on Furniture Baddebts Interest on capital You are required to prepare Final Accounts of the Partnership Firm. 92,800 54,400 51,200 19,200 100,800 2,080,000 2,398,400 19,200 32,000 25,600 22,400 134,720 2,880 800 20% 12.50% 10.00% 2.50% 5.00%