At the beginning of its first year of operations on January 1, 2019, Blue Company's accounts show the following. Mohammed 160,000 SR Ali 80,000 SR Khalid 50,000 SR The net income or net loss for 2019 has not been closed to the partners' capital accounts. Required: Journalize the entry to record the division of net income for 2019 under each of the following independent assumptions (you can prepare a schedule showing the distribution of net income to help you in journalizing the entry). a) Net income is 86,000 SR. Mohammed and Ali are given salary allowances of 30,000 SR and 20,000 SR, respectively. The remainder is shared equally between the three partners. b) Net income is 67,500 SR. Each partner is allowed interest of 10% on beginning capital balances. Mohammed is given a 40,000 SR salary allowance. The remainder is shared equally between the three partners