Coburn (beginning capital, $63,900) and Webb (beginning capital $86,900) are partners. During 2014, the partnership earned net income of $70,200, and Coburn made drawings of $19,760 while Webb made drawings of $25,370.

Your answer is correct. Assume the partnership income-sharing agreement calls for income to be divided 40% to Coburn and 60% to Webb. Prepare the journal entry to record the allocation of net income. Your answer is correct. Assume the partnership income-sharing agreement calls for income to be divided with a salary of $30,500 to Coburn and $24,300 to Webb, with the remainder divided 40% to Coburn and 60% to Webb. Prepare the journal entry to record the allocation of net income.

part (c) Assume the partnership income-sharing agreement calls for income to be divided with a salary of $40,600 to Coburn and $35,300 to Webb, interest of 12% on beginning capital, and the remainder divided 50%50%. Prepare the journal entry to record the allocation of net income.

part (d) The parts of this question must be completed in order. This part will be available when you complete the part above.

I need help with part C and D please