Coburn (beginning capital, $64,000) and Webb (beginning capital $95,000) are partners. During 2017, the partnership earned net income of $66,000, and Coburn made drawings of $16,000 while Webb made drawings of $23,000. Assume the partnership income-sharing agreement calls for income to be divided with a salary of $39,000 to Coburn and $34,000 to Webb, interest of 11% on beginning capital, and the remainder divided 50%50%. Prepare the journal entry to record the allocation of net income.