X, Y and Z are partners in a firm sharing profits in 2 : 2 : 1 ratio. The fixed capitals of the partners were : X 5,00,000; Y 5,00,000 and Z 2,50,000 respectively. The Partnership Deed provides that interest on capital is to be allowed @ 10% p.a. Z is to be allowed a salary of 2,000 per month. The profit of the firm for the year ended 31st March, 2018 after debiting Z's salary was 4,00,000.

Prepare Profit and Loss Appropriation Account.