tot On 1st January 2000, John and Mark entered into partnership contributing $20,000 and $30,000 respectively and sharing profits in the ratio of 1:2. Alex is to be allowed a salary of $6,000 per year. Interest on capital is to be allowed at 5% per annum. Arthor is entitled to receive a commission of $2,000. During the year, Arthor withdrew $2,000 and Alex $2,500; interest on the same being $40 and $50 respectively. Profit in 2000 before the above mentioned adjustments was $15,000. You are required to prepare the Profit and Loss Appropriation Account