The law firm of Dewey, Cheetham & Howe has five employees. Following is information regarding these employees in 2022: Employee Age Years of Service Salary Position Dewey 57 21 $370,000 Partner Cheetham 55 21 $320,000 Partner Howe 52 22 $340,000 Partner Dena 43 17 $99,000 Associate Jane 29 6 $70,000 Paralegal The partners talked to EB Benefits Consultants about the best qualified pension plan that could provide the greatest tax benefit to the partners. The firm enjoys a major success and growth. Question 1: EB is showing the Law firm the following plans at this stage: 1. One Cash Balance plan (with no integration) 2. Two Profit Sharing plans (one with no integration and one with integration with Social Security). 3. One Target plan (no integration) Objectives: Create presentations of these three plans showing the maximum benefits and contributions possible under the law for one (or all) oldest partner(s). Because of the ages of the partners, it is not obvious which plan would provide the greatest tax shelter for the 3 partners [combined]. Develop the plans using Excel spreadsheet and show which plan would give the best tax shelter assuming an interest rate of return of 3%. Please provide details. Question 2: Prepare the ADP test for 401(K) for the law firm. Question 3: Provide a combination of Profit Sharing plan + 401(k) which maximizes the contributions for the top employees (use Table 8A in the medical case)