1. Determine each partner's share of income assuming the partners agree to share income by giving a $27,000 per year salary allowance to Price, a $50,000 per year salary allowance to Waterhouse, a $46,000 per year salary allowance to Coopers, a 15% interest on their initial capital investments, and the remaining balance shared equally. 2. Prepare a statement of partners' equity for the year ended December 31. Complete this question by entering your answers in the tabs below. Prepare a statement of partners' equity for the year ended December 31. Hint: Use answers from Required 1 to prepare the statement. (Do not round intermediate calculations. Enter all allowances as positive values. Enter losses and withdrawals as negative values.) Complete this question by entering vour answers in the tabs below. Determine each partner's share of income assuming the partners agree to share income by giving a $27,000 per year salary allowance to Price, a $50,000 per year salary allowance to Waterhouse, a $46,000 per year salary allowance to Coopers, a 15% interest on their initial capital investments, and the remaining balance shared equally. (Enter all allowances as positive values. Enter losses as negative values.) Price, Waterhouse, and Coopers complete their first year of business as a partnership. The partners offer auditing, tax, and advisory services. Use the Tableau Dashboard to determine allocation of income. Owner Initial Investments 1. Determine each partner's share of income assuming the partners agree to share income by giving a $27,000 per year salary allowance to Price, a $50,000 per year salary allowance to Waterhouse, a $46,000 per year salary allowance to Coopers, a 15% interest on their initial capital investments, and the remaining balance shared equally. 2. Prepare a statement of partners' equity for the year ended December 31. Complete this question by entering your answers in the tabs below. Prepare a statement of partners' equity for the year ended December 31. Hint: Use answers from Required 1 to prepare the statement. (Do not round intermediate calculations. Enter all allowances as positive values. Enter losses and withdrawals as negative values.) Complete this question by entering vour answers in the tabs below. Determine each partner's share of income assuming the partners agree to share income by giving a $27,000 per year salary allowance to Price, a $50,000 per year salary allowance to Waterhouse, a $46,000 per year salary allowance to Coopers, a 15% interest on their initial capital investments, and the remaining balance shared equally. (Enter all allowances as positive values. Enter losses as negative values.) Price, Waterhouse, and Coopers complete their first year of business as a partnership. The partners offer auditing, tax, and advisory services. Use the Tableau Dashboard to determine allocation of income. Owner Initial Investments