Please show your works. Thank you!

Problem (III.) Prepare a schedule to split the Profit or Loss to the partners given the partnership agreement: 25 points Partner Alice, Betty & Charlie have a partnership agreement which states the invested Capital amounts for Alice will be $300,000, Betty will be $200,000 and Charlie will be $100,000. Annual Partnership Profit or Losses will be split: 4% interest on Capital balances; Alice has a salary of $10,000, Betty salary of $5,000 and Charlie salary of $80,000; Charlie will get a Bonus of $5,000 only if partnership profits are greater than $50,000, any remainder is to be split in a ratio of 5:2:3: (A) Assume a Partnership Profit of $60,000