Please show all work (if answer and working notes can be done in Word it would be greatly appreciated!)

Luqman and Pidris share profits and losses equally. Luqman and Pidris receive salary allowances of $20,000 and $30,000, respectively, and both partners receive 10% interest on their average capital balances. Pidris is entitled to a bonus of 10% after deduction of bonus. Partners' drawings are not used in determining the average capital balances. Total net income for 2020 is $275,000. Luqman Pidris January 1 capital balances $100,000 120,000 Yearly drawings ($1,500 a month) 18,000 18,000 Permanent withdrawals of capital: June 1 _(12,000) May 1 (15,000) Additional investments of capital: July 1 50,000 October 1 60,000 a. What is the weighted-average capital for Luaman and Pidris in 2020? (10 Points) b. What will be the final profit allocations for Luqman and Pidris in 2020? (16 points)