Question: PLEASE HELP [14ech12.2] Cor Crane Co., beginning capital balances on January 1, 2022, are Nancy Payne $21,200 and Ann Dody $17,200. During the year, Irawings

PLEASE HELP [14ech12.2]

PLEASE HELP [14ech12.2] Cor Crane Co., beginning capital balances on January 1, 2022, are Nancy Payne $21,200 and Ann Dody $17,200. During the year,

Cor Crane Co., beginning capital balances on January 1, 2022, are Nancy Payne $21,200 and Ann Dody $17,200. During the year, Irawings were Payne $7,000 and Dody $5,900. Net income was $26,500, and the partners share income equally. Prepare the partners' capital statement for the year. (List items that increase partners' capital first.) Prepare the owners' equity section of the balance sheet at December 31, 2022

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