At the end of its first year of operations, on December 31, 2021. BLOSSOM Partners' accounts show the following: Partner J. Chapman-Brown C. Duper H. Weir Drawings $25,300 8,190 6,090 Capital $30,000 40,000 50,000 The capital balance represents each partner's initial capital investment. No closing entries for proht (loss) or drawings have been recorded as yet Journalize the entries to record the division of profit for the year ended December 31, 2021, under each of the following independent assumptions: (Credit account titles are automatically indented when the amount is entered. Do not Indent manually) 1. 2. Profit is $40,600. Dupere and Weirare given salary allowances of $7,600 and $11.400, respectively . The remainder is shared equally Profit is $41.000. Each partner is allowed interest of 6% on beginning capital balances. Chapman-Brown, Dupere, and Weir are given salary allowances of $14,700.518.700, and $19.100, respectively. The remainder is shared in a ratio of 5:32 Date Account Titles and Explanation Debit Credit (1) Dec 31 > v (To close Income Summary) (2) Dec 31 > C > (To close Income Summary.) Prepare a statement of partners' equity for the year under assumption (2) in part (a) above. (List items that increase partner's equity first) BLOSSOM PARTNERS Statement of Partners' Equity J. Chapman-Brown C. Duper H. We $ S Prepare a statement of partners' equity for the year under assumption (2) in part (a) above. (List Items that increase partner's equity first) BLOSSOM PARTNERS Statement of Partners' Equity J. Chapman-Brown C. Duper H. Weir Total $ $ $ $ $