Two doctors formed a partnership on February 1, 2018 with $75,000 contribution each. The terms of the partnership was they would equally share the profits. The following is the income statement of the partnership: Notes: 1. CCA for 2021 was $40,300. 2. The capital gain for tax purposes is the same as the financial accounting gain. 3. In 2021, each partner drew $132,000. Prior year financial statements of the partnership provided the following information for the following years ended December 31: Required: a. What is Partner 2's share of the income for tax purposes of the above partnership for 2021 ? (7 marks) b. What is the adjusted cost base of Partner 2's partnership interest as of January 1, 2022? Two doctors formed a partnership on February 1, 2018 with $75,000 contribution each. The terms of the partnership was they would equally share the profits. The following is the income statement of the partnership: Notes: 1. CCA for 2021 was $40,300. 2. The capital gain for tax purposes is the same as the financial accounting gain. 3. In 2021, each partner drew $132,000. Prior year financial statements of the partnership provided the following information for the following years ended December 31: Required: a. What is Partner 2's share of the income for tax purposes of the above partnership for 2021 ? (7 marks) b. What is the adjusted cost base of Partner 2's partnership interest as of January 1, 2022