On December 31st 2022 the partnership of Pelosi, Trump, Schiff, and DeSantis (PTSD) have the following capital accounts PELOSI TRUMP SCHIFF DESANTIS In the partnership agreement: $500,000 $500,000 2023 2024 2025 $200,000 $200,000 profits are divided: Pelosi 30%, Trump 30% Schiff and DeSantis 20% each Losses are divided equally Partners receive interest of 10% on their beginning of the year capital accounts Schiff and DeSantis receive salaries of $35,000 each Pelosi makes annual withdrawls of $50,000 for beauty parlor treatments Trump makes annual withdrawls of $45,000 for hair care products The partnership reported the following income for 2023, 2024 and 2025 (before partner interest or partner salaries) $400,000 $150,000 $350,000 REQUIRED: FOR EACH YEAR DETERMINE A) ALLOCATION OF PARTNERSHIP PROFITS B) EACH PARTNERS ENDING CAPITAL ACCOUNT BALANCE

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