Exercise 12-7 Oriole Developments is a partnership owned by Alvaro Rodriguez and Elisabetta Carrieri. On December 31, 2020, the partners' capital balances are Rodriguez $65,920 and Carrieri $73,820. During 2021, Carrieri invested $3,150 cash into the partnership, drawings were $33,980 by Rodriguez and $57,180 by Carrieri, and profit was $79,800. Rodriguez and Carrieri share profit based on a 3:4 ratio. Prepare the statement of partners' equity for the year. (Round answers to o decimal places, e.g. 5,275. List items that increase partner's equity first.) ORIOLE DEVELOPMENTS Statement of Partners' Equity A. Rodriguez E. Carrieri Total TIETO FULL SCREEN PRINTER VERSION 4 BACK NEXT Prepare the partners' equity section of the balance sheet at year end. (Round answers to decimal places, e.g. 5,275.) ORIOLE DEVELOPMENTS Balance Sheet (partial)