Bench, a partner in the ABC partnership, has a 30% participation in partnership profits and losses. Bench's capital account had a net decrease of 120,000 diring calendar year 2019. During 2019, Bench withdrew 260,000 charged against his capital account and contributed property valued at 50,000 to the partnership. What was the profit of ABC partnership?

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."