At the end of its first year of operations on December 31, 2017, NBS Companys accounts show the following. Partner Drawings Capital Art Niensted $23,200 $42,500 Greg Bolen 14,100 36,500 Krista Sayler 10,800 26,000 The capital balance represents each partners initial capital investment. Therefore, net income or net loss for 2017 has not been closed to the partners capital accounts. Journalize the entry to record the division of net income for the year 2017 under each of the following independent assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (1) Net income is $29,800. Income is shared 6 : 3 : 1. (2) Net income is $38,300. Niensted and Bolen are given salary allowances of $14,600 and $10,200, respectively. The remainder is shared equally. (3) Net income is $19,700. Each partner is allowed interest of 10% on beginning capital balances. Niensted is given a $15,500 salary allowance. The remainder is shared equally.