At the end of its first year of operations on December 31, 2022, Pharoah Company's accounts show the following. Partner Drawings Capital Art Niensted $20,700 $43,200 Greg Bolen 11,340 27,000 Krista Sayler 9,000 22,500 The capital balance represents each partner's initial capital investment. Therefore, net income or net loss for 2022 has not been closed to the partners' capital accounts. P