Xavier, Young, and Zane operate a partnership with a complex profit and loss sharing agreement. The average capital balance for each partner on December $31,2014$ is $$300,000$ for Xavier, $$250,000$ for Young, and $$325,000$ for Zane. An $8\%$ interest allocation is provided to each partner based on the average capital balance on December $31,2014.$ Xavier and Young receive salary allocations of $$10,000$ and $$15,000,$ respectively. If partnership net income is above $$25,000,$ after the salary allocations are considered $($but before the interest allocations are considered$),$ Zane will receive a bonus of $10\%$ of the original amount of net income. All residual income is allocated in the ratios of $2$:$3$:$5$ to Xavier, Young, and Zane, respectively.

Part $1$: Prepare a schedule to allocate income to the partners assuming that partnership net income for $2014$ is $$250,000.$

Part $2$: Prepare a journal entry to distribute the partnership's income to the partners $($assume that an Income Summary account is used by the partnership$).$