Que : 82. Kumud, Sumud and Kirti started partnership in the ratio of 4:3:3 respectively on 1-4-2016. Kumud personally guaranteed that Kirti shared of profit after charging interest on capital @ 5% p.a. would not be less than Rs. 40.000 in any year. The capital contributed by them was Rs. 3.00.000. Rs. 2.00.000 and Rs. 1,50.000 respectively. The profit of the firm was Rs. 1.60.000 for the year ended 31 March, 2017. Prepare Profit and Loss Appropriation Account.