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VSC Partnership, according to the partnership agreement, all profits will be assigned as follows: 1 Each partner is allowed to withdraw up to $15,000 per

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VSC Partnership, according to the partnership agreement, all profits will be assigned as follows: 1 Each partner is allowed to withdraw up to $15,000 per year 2 Victoria and Saash receive salary of $8,000 and $15,000 respectively 3 All partners received interest on capital of 5% of each capital balance 4 Profits or losses are shared 3:2:5 respectively The partners capital balances were VSC Partnership first year of operation had net loss of $30,000 and net profit for the second year of $55,000 All partners withdraw maximum. What is the balance in each partners account at the end of the second year. Show all working

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