Emily Jackson (Social Security number 765-12-4326) and James Stewart (Social Security number 466-74-9932) are partners in a partnership that owns and operates a barber shop. The partnership's first year of operation is 2019. Emily and James divide income and expenses equally. The partnership name is J&S Barbers, it is located at 1023 Broadway, New York, NY 10004, and its Federal ID number is 95-6767676. The 2019 financial statements for HENSIVE PROBLEM $372,300 the partnership are presented below. J&S Barbers Income Statement for the Year Ending December 31, 2019 Gross income from operations Deductions: Salaries to employees Payroll taxes Supplies Rent Depreciation Short-term capital loss Charitable contributions Net income Partners' withdrawals (each partner) J&S Barbers Balance Sheet as of December 31, 2019 Assets: Cash Accounts receivable Equipment $32,000 Accum. depreciation (5,100) 94,600 14,500 9,000 41,000 5,100 2,000 500 $205,600 $ 80,000 $100,450 10,000 26,900 $137,350 Liabilities and Capital: Accounts payable Notes payable Partners' capital ($20,000 contributed by each partner) $ 29,750 22,000 85,600 $137,350 Emily lives at 456 E. 70th Street, New York, NY 10006, and James lives at 436 E. 63rd Street, New York, NY 10012. Required: Complete J&S Barbers' Form 1065 and Emily and James' Schedule K-1s. Do not fill in Schedule D for the capital loss, Form 4562 for depreciation, or Schedule B-1 related to ownership of the partnership. Make realistic assumptions about any missing data