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Moria and Marlo are married and joiney own a small mixed business shop locaked in Revesby. They agreed to share the net profit from the thop on the besis of Maria receving 80% and Maxio the remaining 20%. It was also agreed that any losses mede would be distributed 50%. So Maria and 50 W to Mario. The businees thancial recorde for the year ended 30 June 2022 are as follows: - CBA Pty Ltd is an Australian resident company REQUIRED: For year ended 30 June 2022 you must calculate: 1. the net income of the partnership (7 Marks) ii. Show the albocation of income to Maria and Mario (4 Marks) iii. tax payable by Maria (2 Marks) iv. the tax payable by Mario. (2 Marks) Moria and Marlo are married and joiney own a small mixed business shop locaked in Revesby. They agreed to share the net profit from the thop on the besis of Maria receving 80% and Maxio the remaining 20%. It was also agreed that any losses mede would be distributed 50%. So Maria and 50 W to Mario. The businees thancial recorde for the year ended 30 June 2022 are as follows: - CBA Pty Ltd is an Australian resident company REQUIRED: For year ended 30 June 2022 you must calculate: 1. the net income of the partnership (7 Marks) ii. Show the albocation of income to Maria and Mario (4 Marks) iii. tax payable by Maria (2 Marks) iv. the tax payable by Mario. (2 Marks)

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