(i) Computation of provisional adjusted income Year of assessment 2010

RM RM
Net profit per partnership account 274 700
(-) Capital profit on sale of real property (10 200)
264 500
ADD: contribution to unapproved fund 20000
Partners private expenditure 9 000
Life insurance premiums
Interest on capital 4 000
Interest on loan to purchase Vinods home 2 000
Salaries 200 000 215 000
Provisional adjusted income 479 500
(-) Partners salaries 200 000
Interest on capital 4 000
Loan interest on Vinods home 2 000
Partners life insurance premiums 9 000 (215 000)
Divisible income 264 500

(ii) Partners statutory income Year of assessment

2010

Jaison Vinod
(RM) (RM)
Share of divisible income 132 250 132 250
Salary 100 000 100 000
Interest on capital 2 000 2 000
Loan interest - 2 000
Life insurance 4 500 4 500
Adjusted income 238 750 240 750
(-) Capital allowance (7 500) (7 500)
Statutory income 231 250 233 250

(iii)