The partnership agreement of Angela and Dawn has the following provisions: 1. The partners are to earn 10 percent on the average capital. 2 . Angela and Dawn are to earn salaries of $25,000 and $11,000, respectively. 3. Any remaining income or loss is to be divided between Angela and Dawn using a 70:30 ratio. Angela's average capital is $55,000 and Dawn's is $36,000. Required: Prepare an income distribution schedule assuming the income of the partnership is (a) $85,000 and (b) $30,000. If no partnership agreement exists, what does the UPA 1997 prescribe as the profit or loss distribution percentages? Note: Amounts that are to be deducted from an individual partner's capital balance should be entered with a minus sign