Alford, Beeson, and Carlton have operated a coffee shop for a number of years as a partnership. At the beginning of $2024,$ capital balances were as follows:

Alford $ $58,000$

Beeson $38,000$

Carlton $20,000$

Due to a cash shortage, Alford invests an additional $$12,000$ in the business on April $1,2024.$

Each partner is allowed to withdraw $$900$ cash each month.

The partners have used the same method of allocating profits and losses since the business's inception:

Each partner is given the following compensation allowance for work done in the business: Alford, $$14,000$; Beeson, $$24,000$; and Carlton, $$4,000.$

Each partner is credited with interest equal to $20$ percent of the average monthly capital balance for the year without regard for normal drawings.

Any remaining profit or loss is allocated $4$:$2$:$4$ to Alford, Beeson, and Carlton, respectively. The net income for $2024$ is $$34,000.$ Each partner withdraws the allotted amount each month.

Required:

Prepare a schedule showing calculations for the partners' $2024$ ending capital balances.

Note: Amounts to be deducted should be indicated with minus sign.

$\backslash$table$[[$ALFORD$,$ BEESON, and CARLTON$],[$Statement of Partners' Capital$],[$For the Year Ending December $31,2024],[,$Alford,Beeson,Carlton,Totals$],[$Beginning balances,$$,58,000,$$$,38,000,$$$,20,000,$$$,116,000],[$Additional contribution,,$12,000,,,,,,12,000],[$Net income,,,,,,,,$0],[$Drawings$,,,,,,,,0],[$Ending capital balances,$$,70,000,$$$,38,000,$$$,20,000,$$$,128,000]]$