At the end of its first year of operations on December 31, 2022, Crane Company's accounts show the following. 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. Prepare a partners' capital statement for the year under assumption (3) above. (List items that increase partners capital first.) Journalize the entry to record the division of net income for the year 2022 under each of the following independent assumptions. (Credit account titles are automatically indented when amoun 1. Net income is $31,200. Income is shared 6:3:1. 2. Net income is $41,600. Niensted and Bolen are given salary allowances of $15,600 and $10,400, respectively. The remainder is shared equally. 3. Net income is $19,760. Each partner is allowed interest of 10% on beginning capital balances. Niensted is given a $15,600 salary allowance. The remainder is shared equally. 3