Tom, Dick and Harry begin trading as a partnership on 1 January 2016 , sharing profits in the ratio 3:2:1. With effect from 1 January 2017, they agree that Har ry should receive a salary of £20,000 per annum, that partners should be entitled to 4% per annum interest on capital and that remaining profits should be shared in the ratio 5:3:2. The adjusted trading profits of the partnership are:

Fixed capitals are Tom £5 0,000, Dick £ 60,000, Harry £ 80,000. Compute each p artner's
trading income for 2015-16, 2016-17 and 2017-18.

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y/e 31 December 2016 y/e 31 December 2017 90,000 110,000