2. Prepare a statement of partnership equity for 20Y2, If any amounts are zero, enter in " 0 ". 3. Prepare a balance sheet as of the end of 20Y2. Total property, plant, and equip. Total assets Current liabilities: Total liabilities \begin{tabular}{l} Total partners' equity \\ \hline Total liabilittes and partners' equity \end{tabular} Check My Work 3 more Check My Work uses remaining. The ledger of Camila Ramirez and Ping Xue, attomeys-at-law, contains the following accounts and balances after adjustments hav been recorded on December 31,20r 3 more Check My Work uses remaining. The balance in Xue' capital account includes an additional investment of \$12,000 made on May 5, 20Yz. Required: 1. Prepare an income statement for 202, indicating the division of net income. The partnership agreement provides for salary allowances of $46,000 to Ramirez ant $56,000 to Xue, allowances of 10% on each partner's capital balance at the beginning of the nscal year, and equal division of the remaining net income or net loss