Use the following information for the next FOUR items

ABC Partnership had the following provisions for the distribution of profits and losses.

• Each partner receives 10 percent interest on the capital balance.
• Partners A and C receive salaries of $15,000 and $18,000 respectively.
• Partner B receives a bonus of 5% of net income after the bonus.
• Any remaining income or loss is to be distributed between A, B, and C in the ratio of 2:1:2 respectively.

The partners had the following capital and drawings information during the year.

• Partner A: January 1st capital balance: $120,000, June 1st: invested an additional $15,000, August 1st: withdrew $25,000.
• Partner B: January 1st capital balance: $80,000, September 1st: withdrew $10,000
• Partner C: January 1st capital balance: $135,000, April 1st: withdrew $12,000, June 1st: invested $27,000.

Any excessive drawings beyond $15,000 are closed in partners' capital immediately. The rest of the drawings, up to the $15,000 limit, are closed in partners' capital at the end of the year (December 31).

1. Assuming that interest is calculated on weighted average capital, what is the interest on capital for Partner C?
2. Assuming that partnership income for the year was $105,000, what is the amount of the bonus for Partner B?
3. Assuming that interest is calculated on ending capital balances before closing drawings in capital accounts, What is the interest on capital for Partner A?
4. Assume that partnership income is $77,000, interest on capital for A, B, and C is $7,000, $6,000, and $8,000 respectively, salaries for A and C are still $15,000 and 18,000 respectively, and B's bonus is $4,500. What would be partner C's total share of the partnership income for the year?