can you please solve it my whole question is messed up please solve it step by step with calculations and according to the same pattern which has been shown in the pictures.

Tyler Gilligan and Matt Melnyk, two college friends, decided to set up a snow removal business called Carla Vista Snow Removal Services. At the inception of the partnership. Tyler invested $4.000 cash and Matt invested $11.000 cach Once formed the partnership purchased equipment and a vehide. Tyler estimates that the equipment purchased for $2.000 and the vehide purchased for $10,000 have five-year useful lives with no residual value. He used the straight line method to calculate depreciation expense. At the end of the first year of business. Tyler, who was studying accounting provided the following information: CARLA VISTA SNOW REMOVAL SERVICES Income Statement Year ended December 31, 2021 Service revenue $49,270 Expenses Supplies expense $5,140 Depreciation expense 2.400 Salaries expense 28.830 36,370 Profit $12,900 Additional information: 1. Salaries expense is $18.440 and $10,390 cash that was paid to Tyler and Matt, respectively, during the year. 2. All revenues were collected in cash. 3. All supplies were paid for in cash At the end of the year, there were no supplies on hand. 4. There is $18,300 in the bank account at December 31, 2021 Prepare a journal entry to correct the errors, if any, on the income statement. (Credit accounts are automatically indented when the amount is entered. Do not intensil Debit Date Account Titles and Explanation Dec 31 Gilligan, Drawing Credit M. Melnyk, Drawing 7617 Salaries Expende 10990 (To correct error) eTextbook and Media X Your answer is incorrect Calculate the correct profit and the amount to be allocated to each partner Correct profit T. Gilligan M. Melnyk Allocation of profit S 6211 1709 Prepare a statement of partners' equity for the year ended December 31 2021. list items that increase partner's equity first) CARLA VISTA SNOW REMOVAL SERVICES Statement of Partners' Equity Year Ended December 31, 2021 T. Gililean M. Melnyk 4000 $ Total Capitala1 S 11000 $ 25000 Drawing 2771 7619 10390 1229 3381 4620 Add Proht 17079 23290 Galta Dec 31 $ 7400 20460 S 27900 Prepare a balance sheet at December 31, 2021. (List Current Assets in order of liquidity) CARLA VISTA SNOW REMOVAL SERVICES Balance Sheet December 31, 2021 Assets Current Assets Cash 18300 Property, plant, and Equipment Equipment y $ 2000 Accumulated Depreciation - Equipment 1200 $ 800 Vehides 10000 Less Accumulated Depreciation-Vehicles 1200 8800 Total Property, plant and Equipment 9600 Total Assets $ 27900 Partners' Equity w Current Liabilities T. Gilligan, Capital 7400 20460 M. Melnyk Capital S 27900 Total Current Liabilitles Tyler Gilligan and Matt Melnyk, two college friends, decided to set up a snow removal business called Carla Vista Snow Removal Services. At the inception of the partnership. Tyler invested $4.000 cash and Matt invested $11.000 cach Once formed the partnership purchased equipment and a vehide. Tyler estimates that the equipment purchased for $2.000 and the vehide purchased for $10,000 have five-year useful lives with no residual value. He used the straight line method to calculate depreciation expense. At the end of the first year of business. Tyler, who was studying accounting provided the following information: CARLA VISTA SNOW REMOVAL SERVICES Income Statement Year ended December 31, 2021 Service revenue $49,270 Expenses Supplies expense $5,140 Depreciation expense 2.400 Salaries expense 28.830 36,370 Profit $12,900 Additional information: 1. Salaries expense is $18.440 and $10,390 cash that was paid to Tyler and Matt, respectively, during the year. 2. All revenues were collected in cash. 3. All supplies were paid for in cash At the end of the year, there were no supplies on hand. 4. There is $18,300 in the bank account at December 31, 2021 Prepare a journal entry to correct the errors, if any, on the income statement. (Credit accounts are automatically indented when the amount is entered. Do not intensil Debit Date Account Titles and Explanation Dec 31 Gilligan, Drawing Credit M. Melnyk, Drawing 7617 Salaries Expende 10990 (To correct error) eTextbook and Media X Your answer is incorrect Calculate the correct profit and the amount to be allocated to each partner Correct profit T. Gilligan M. Melnyk Allocation of profit S 6211 1709 Prepare a statement of partners' equity for the year ended December 31 2021. list items that increase partner's equity first) CARLA VISTA SNOW REMOVAL SERVICES Statement of Partners' Equity Year Ended December 31, 2021 T. Gililean M. Melnyk 4000 $ Total Capitala1 S 11000 $ 25000 Drawing 2771 7619 10390 1229 3381 4620 Add Proht 17079 23290 Galta Dec 31 $ 7400 20460 S 27900 Prepare a balance sheet at December 31, 2021. (List Current Assets in order of liquidity) CARLA VISTA SNOW REMOVAL SERVICES Balance Sheet December 31, 2021 Assets Current Assets Cash 18300 Property, plant, and Equipment Equipment y $ 2000 Accumulated Depreciation - Equipment 1200 $ 800 Vehides 10000 Less Accumulated Depreciation-Vehicles 1200 8800 Total Property, plant and Equipment 9600 Total Assets $ 27900 Partners' Equity w Current Liabilities T. Gilligan, Capital 7400 20460 M. Melnyk Capital S 27900 Total Current Liabilitles