The partnership agreement of Dy, Sy, Ty provides for year-end profit allocations in consideration of the following:

a. First, Dy is to receive bonus of 10% of profit for the first P 100,000, and 20% of profit in excess of P 100,000

b. Second, Sy and Ty each will receive 5% of remaining profit after the above bonus to Dy

c. Lastly, balance of profit will be divided equally. K The profit for 2017 was P 360,000 before any allocation to partners.

1. How much is the bonus of Dy?

2. How much is the share of Dy in the profit of the partnership?

3. How much is the share of Sy in the profit of the partnership? 4. How much is the share of Ty in the profit of the partnership?