(c) Assume the partnership income-sharing agreement calls for income to be divided with a salary of $40,000 to Coburn and $35,000 to Web, interest of 125 on beginning capital and the remainder divided 50%-50%. Prepare the journal entry to record the allocation of net income. (Credit account titles are automatically indented when amount is entered. Det indent manually.) Account Titles and Explanation Debit Credit audy Click if you would like to show Work for this questioni Doen Show Work (c) Assume the partnership income-sharing agreement calls for income to be divided with a salary of $40,000 to Coburn and $35,000 to Web, interest of 125 on beginning capital and the remainder divided 50%-50%. Prepare the journal entry to record the allocation of net income. (Credit account titles are automatically indented when amount is entered. Det indent manually.) Account Titles and Explanation Debit Credit audy Click if you would like to show Work for this questioni Doen Show Work