Ellen, Fargo, and Gary are partners who share profits and losses 20 percent, 20 percent, and 60 percent, respectively, after Ellen and Fargo each receive a $12,000 salary allowance. Capital balances on January 1, 2011, are as follows: Ellen (20%) $ 69,000 Fargo (20%) 85,500 Gary (60%) 245,500 During 2011, Gary invested invested an additional $20,000 in the partnership, and Ellen and Fargo each withdrew $12,000, equal to their salary allowances as provided by the profit and loss sharing agreement. The partnership net assets at December 31, 2011, were $481,000. Required: Prepare a statement of partnership capital for the year ended December 31, 2011