with the following information, how do I: "Journalize the entry to record the division of net income for the year 2020 under each of the above independent assumptions" AND "prepare a partners' capital statement for the year under assumption (3) above(list items that increase partners capital first)"

At the end of its first year of operations on December 31, 2020, Carla Vista Companys accounts show the following.

Partner		Drawings		Capital
Art Niensted		$ 22,900		$ 49,700
Greg Bolen		13,500		33,000
Krista Sayler		11,800		26,500

The capital balance represents each partners initial capital investment. Therefore, net income or net loss for 2020 has not been closed to the partners capital accounts. To record the division of net income for the year 2020 under each of the following independent assumptions.

1.		Net income is $ 30,100. Income is shared 6:3:1.
2.		Net income is $ 40,500. Niensted and Bolen are given salary allowances of $ 14,500 and $ 10,400, respectively. The remainder is shared equally.
3.		Net income is $ 19,100. Each partner is allowed interest of 10% on beginning capital balances. Niensted is given a $ 14,180 salary allowance. The remainder is shared equally.