Exercise 12-6 For National Co., beginning capital balances on January 1, 2017, are Nancy Payne $23,300 and Ann Dody $22,500 During the year, drawings were Payne $7,600 and Dody $5,700. Net income was $31,800, and the partners share income equally. Prepare the partners' capital statement for the year. (List items that increase partners' capital first) NATIONAL CO Partners' Capital Statement A. Dody N. Payne Total Capital, January 1 Add a: Net Income (Loss) Less do: Drawings Capital, December 31