4 7 points 00:28.17 Keith Williams and Brian Adams were students when they for Works. Adjusted trial balance information for the year ended December 31, 2020, appears below. Account Accounts payable Accumulated depreciation Brian Adams, capital Brian Adams, withdrawals Cash Equipment Expenses Balance Account $ 11,300 Keith Williams, capital** 93,000 Keith Williams, withdrawals 40,000 Note payable, due May 2022*** office supplies 78,000 229,600 336,000 120,000 Revenues Utilities payable Balance $ 46,300 68,000 156,000 34,000 516,000 3,000 part-time business called Music "Assume all account balances are normal. "The partners made no investments during the year. $58,000 of the note payable is due in May 2021. Required: 1. Prepare calculations that show how the profit should be allocated to the partners assuming the partnership agreement states that profit/(losses) are to be shared by allowing a $108,000 per year salary allowance to Williams, a $168,000 per year salary allowance to Adams, and the remainder on a 22 ratio 1.