D$.$ Carson and F$.$ Leggatt formed a partnership on June $1$ to operate a shoe store. Carson contributed $$50,000$ cash and Leggatt contributed $$50,000$ worth of shoe inventory. During the month of June, the following transactions took place:

Additional shoc inventory was purchased at a cost of $$24,000$ cash.

Total cash sales for the month were $$31,000.$ The inventory that was sold had a cost of $$15,500.$

Carson withdrew $$6,200$ of cash drawings. Leggatt withdrew only $$3,700$ of cash drawings.

The partnership borrowed $$50,000$ from the Third National Bank.

Land and a building were purchased at a cash cost of $$25,000$ and $$50,000,$ respectively.

Required:

a$.$ Prepare a balance sheet as of June $1.$

b$.$ Prepare a reconciliation of the beginning and ending balances for each owner's capital account.

c$.$ Prepare a balance sheet as of June $30.$