Tara and Neem are partners of T&N Enterprise and have been carrying on a business as taxi operators for many years. The partnership deed provides the following:

(1) Monthly salary of RM15,000 for each partner.

(2) 5% interest per annum to be paid to Tara and Neem on their respective capital contributions of RM100,000 and RM200,000.

(3) A profit sharing ratio of 60% for Tara and 40% for Neem.

Details of the partnerships income statement for the year ended 31 December 2019 are as follows:

RM

Provisional adjusted income 120,000

Capital allowances 10,000

Additional information:

Neem has a brought forward business loss of RM11,000 from the year of assessment 2018.

Tara also runs a travel agency as a sole proprietorship. During the year of assessment 2019, the business made an adjusted loss of RM7,000.

Required:

Compute the divisible partnership income or loss for both Neem and Tara, and also the total income of each partner for the year of assessment 2019.