X, Y and Z entered into partnership on 1st October, 2018 to share profits in the ratio of 4 : 3 : 3. X, personally guaranteed that Z's share of profit after charging interest on capital @ 10%

p.a. would not be less then  80,000 in any  year. Capital  contributions were: X –  3,00,000, Y –  2,00,000 and Z –  1,50,000. Profit for the year ended 31st March, 2019 was 1,60,000. Prepare Profit and Loss Appropriation Account.