Question $1[50$ points$]$

$$21,000$ for Jan Taylor and $$18,000$ for Adam Uppe, $5\%$ interest on their initial investments with any remainder shared equally. Following is the March $31,2023$ adjusted trial balance, in alphabetical order.

$\backslash$table$[[$Account$,$Balance$],[$Accounts Payable,$7,100],[$Accumulated Depreciation, Automobiles,$50],[$Accumulated Depreciation, Equipment,$140],[$Adam Uppe, Capital,$110,000],[$Adam Uppe, Withdrawal,$6,300],[$Advertising Expense,$20,800],[$Automobiles$,58,600],[$Bonds Payable $($due July, $2027),15,600],[$Cash$,19,400],[$Commissions Earned,$18,800],[$Consulting Revenue Earned,$7,400],[$Copyright$,16,590],[$Depreciation Expense, Automobiles,$50],[$Depreciation Expense, Equipment,$140],[$Equipment$,6,700],[$Insurance Expense,$44,600],[$Interest Earned,$16,800],[$Interest Expense,$68,410],[-$ Interest Payable,$9,300],[-$ Interest Receivable,$16,500],[$Jan Taylor, Capital,$110,000],[$Jan Taylor, Withdrawa',$6,300],[$Land$,36,200],[$Mortgage Payable $($due November, $2029),14,600],[\_$ Rent Receivable,$14,900],[$Salaries Payable,$8,600],[$Trademark$,2,900]]$

a$)$ Complete the income allocation schedule below.

$\backslash$table$[[,$Jan Taylor,Adam Uppe,Total$],[$Net income $($loss$)$:$,,,],[$Salaries:$,,,],[$Interest:$,,,],[$Total salary and interest:,,,$],[$Remainder to be allocated :$,,,],[$Remainder allocated between partners:,,,$],[$Balance of net income $($loss$)$ to be allocated:,,,$],[$Total to be allocated to each partner:,,,$]]$

b$)$ Prepare a classified balance sheet for EastCo at March $31,2023.$

$\backslash$table$[[($select one$)],[$Balance Sheet$],[,($select one$)],[$x $+-t,],[$x $t,],[$x $t,],[$x $t,],[$x $t$ t $t|,]]$