Yes. As the other two masses move, the pulley rotates, so it's moment-of-inertia (which involves it's mass) must also be considered.

David B.
10/28/19
Hitanshi P.
I know how to add the torque and sum of forces separately but how would i combine them?10/29/19
Hitanshi P.
Then how would it be incorporated into the calculation10/27/19