The Pelosi, Trump and Biden (PTB) Partnership had the following balance sheet on December 31st 2020

The Pelosi, Trump and Biden (PTB) Partnership had the following balance sheet on December 31st 2020 accounts payable note payable 200000 100000 Cash account rec. inventory building equipment land 50000 200000 300000 300000 200000 100000 Pelosi capital Trump capital Biden capital 100000 700000 50000 total asset 1150000 Pelosi, Trump and Biden share profits: Pelosi 40%, Trump 50% Biden 10% they share losses equally Pelosi gets a salary of $40000 Trump gets a salary of $50000 Biden doesn't get a salary Partners receive interest at 10% on their beginning of the year capital balance Each year Pelosi takes out $70000 for beauty treatments Each year Trump takes out $55000 for Orange Hair Dye Each year Biden takes out $20000 for ice cream Income before partner interest and partner salaries is as follows: 2021 $300,000 2022 $40,000 2023 $315,000 REQUIRED: A) determine the distribution of income to the partners each year B) determine the ending capital balance of each partner on December 31st 2021, 2022 and 2023