can you also write how you got answers? I need the explanations, Thank you!

B Chapter 12 - Partnerships On-line Homework At the end of its first year of operations on December 31, 2020, NBS Company's accounts show the following: Partner Drawings Capital Art Niensted $22.900 $49,000 13,600 34,000 Krista Sayler 10,800 23,500 Greg Bolen The capital balance represents each partner's initial capital investment. Therefore, net income or net loss for 2020 has not been closed to the partners' capital accounts. Journalize the entry to record the division of net income for the year 2020 under each of the following independent assumptions (a) (1) Net income is $28,300. Income is shared 6:3:1. (2) Net income is $39,600. Niensted and Bolen are given salary allowances of $15,200 and $10,300, respectively. The remainder is shared equally. (3) Net income is $18,900. Each partner is allowed interest of 10% on beginning capital balances. Niensted is given a $14,250 salary allowance. The remainder is shared equally (b) Prepare a schedule of division of net income based upon (a) (3) above (c) Prepare a partner's capital statement based on (b)