Drake Cushing and Shawn Tadlock started the CT partnership on January 1, 2014. The business acquired $70,000 cash from Cushing and $140,000 from Tadlock. During 2014, the partnership earned $75,000 in cash revenues and paid $39,000 for cash expenses. Cushing withdrew $2,000 cash from the business, and Tadlock withdrew $4,000 cash. The net income was allocated to the capital accounts of the two partners in proportion to the amounts of their original investments in the business. Required Prepare an income statement for the CT partnership for the 2014 fiscal year. Prepare a capital statement for the CT partnership for the 2014 fiscal year. Prepare a balance sheet for the CT partnership for the 2014 fiscal year. (Do not round intermediate calculations.) Prepare a statement of cash flows for the CT partnership for the 2014 fiscal year. (Amounts to be deducted should be indicated with a minus sign.)