Ade and Weah are in partnership sharing profits in ratio 3:2. Their capital are $4,000,000 and $2,000,000 respectively and their drawings were $1,800,000 and $1,200,000. The profit for the year before taking into consideration the following transactions was $5,400,000
i. Repair of partnership vehicle paid personally by Weah was $20,000
ii. Interest on loan advanced by Ade was $25,000
iii. Interest on drawings to be provided at 5%

1. Calculate the amount of profits available for distribution
2. By how much would Ade current account balance increase?​