After closing the revenue and expense accounts, the profit for the year ended December 31, 2024, of Sharon & Laura Partnership is $90,900. The partnership agreement specifies that profits and losses will be shared using the following formula. 1 Allocate salary allowances of $26,700 to Sharon and $37,500 to Laura. 2. Remaining proft (loss) is to be shared on a ratio of 2:1. At the beginning of the year, Sharon's capital account had a balance of $32,000 and Laura's capital account had a balance of $23,500. Sharon withdrew $1,068 cash per month while Laura withdrew $2.136 per month from the partnership. (a) Prepare a schedule to show how the profit will be allocated to the two partners. (Round answers to O decimal places, e.g. 5,275) SHARON & LAURA PARTNERSHIP Division of Profit Profit Salary allowance Sharon Laura Total Profit remaining for allocation Fixed ratio Sharon SHARON & LAURA PARTNERSHIP Division of Profit Sharon Laura Total I Total Profit remaining for allocation: Fixed ratio Sharon Laura Total Profit remaining for allocation Profit allocated to the partners $ $