thwe AN P Flag question Question #1 Partners A and B have a profit and loss agreement with the following provisions salaries of $20,000 and $25,000 for A and B, respectively, a bonus to A of 10% of net income after bonus: and interest of 20% on average capital balances of $40,000 and $50,000 for A and 8, respectively. Any remainder is split equally. If the partnership had net income of $88,000, prepare the journal entry to allocate partnership income to the partners B UT: F 22 S X E Va 127 1