Coburn (beginning capital, $55,000) and Webb (beginning capital $95,000) are partners. During 2022, the partnership earned net income of $71,000, and Coburn made drawings of $17,000 while Webb made drawings of $25,000.

Suzy Vopat has owned and operated a proprietorship for several years. On January 1 , she decides to terminate this business and become a partner in the firm of Vopat and Sigma. Vopat's investment in the partnership consists of $12,000 in cash, and the following assets of the proprietorship: accounts receivable $14,700 less allowance for doubtful accounts of $2,300, and equipment $19,600 less accumulated depreciation of $3,700. It is agreed that the allowance for doubtful accounts should be $3,450 for the partnership. The fair value of the equipment is $13,500. Journalize Vopat's admission to the firm of Vopat and Sigma. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) IF SOMEONE COULD HELP ME WITH SUZY COPAT CAPITAL Assume the partnership income-sharing agreement calls for income to be divided with a salary of $35,000 to Coburn and $25,000 to Webb, with the remainder divided 30% to Coburn and 70% to Webb. Prepare the journal entry to record the allocation of net income. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)