You work as a consultant for Tinashe and Ronald who are operating as a partnership, sharing profits and losses in the ratio 3:4 respectively. You are given the following information for the year ended 28 February 2021 for the partnership; The adjusted trading profit before capital allowances for the year ended 28 February 2021 is given as, P2, 660,000 The following information is also available: Included in their Net Profit Calculation are the following P 1. Salaries: Tinashe 420,000 Ronald 398,000 2. Interest on Capital Accounts: Tinashe 58,000 Ronald 42,000 3. Interest on Current Accounts Tinashe 38,000 Ronald 33,000 4. Depreciation 148,000 5. Profit on sale of Shares 1,100,000 6. Local Dividends Received 450,000 Additional Information During the year, the partnership purchased the following assets: Heavy Plant & Machinery P1, 432, 000 Computers P150, 000 Furniture and fittings which had cost P380, 000 with a TWDV of P290, 000 was sold for P300, 000 during the year The partners also paid the following during the year (i) Tinashe, P55, 000 to an approved Pension Fund (ii) Ronald, P70, 000 to an approved Superannuation Fund (iii) Tinashe paid P4, 500 for his ACCA membership annual subscription Required Calculate the partnership chargeable income and the taxable income of the individual partners including the tax payable (if any). (15 marks)