Crane Company reported net income of $92,200. The partnership agreement provides for salaries of $24,900 to Miley and $17,500 to Guthrie. They divide the remainder 38% to Miley and 62% to Guthrie. (a 1) Calculate division of net income. Miley Guthrie Division of net income $ $ eTextbook and Media Solution Save for Later Attempts: 0 of 1 used Submit Answer (a2) Prepare the closing entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit