Foith Busby and Jeremy Beatty started the 8&B partnership on January 1, Year 1 . The business acquired $44,000 cash from Busby and $66,000 from Beatty. During Year 1 , the partnership earned $42,000 in cash revenues and paid $18,400 for cash expenses. Busby withdrew $2,000 cash from the business, and Beatty withdrew $2,500 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 Year 1 fiscal year. Complete this question by entering your answers in the tabs below. Prepare a capital statement