Coburn (beginning capital, \$57,000) and Webb (beginning capital \$86,000) are partners. During 2022, the partnership earned net income of $75,000, and Coburn made drawings of $16,000 while Webb made drawings of $24,000. (a) Assume the partnership income-sharing agreement calls for income to be divided 30% to Coburn and 70% to Webb. Prepare the journal entry to record the allocation of net income. (Credit occount titles are automatically indented when amount is entered. Do not indent manually.)