Coburn (beginning capital, $57,000) and Webb (beginning capital $92,000) are partners. During 2022, the partnership earned net income of $65,000, and Coburn made drawings of $14,000 while Webb made drawings of $25,000. Assume the partnership income-sharing agreement calls for income to be divided 35% to Coburn and 65% 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.) Account Titles and Explanation Debit Credit Accumulated Depreciation - Equipment Inventory Net (Loss) Income Accounts Payable Coburn, Capital Income Summary Depreciation Expense Webb, Drawings Cash Coburn, Drawings Accounts Receivable Equipment Loss on Realization Notes Payable Allowance for Doubtful Accounts Salaries Expense Gain on Realization Webb, Capital