hello i need help on the last part which is the closing entires

Veda Martin and Gordon Clark have a partnership agreement with the following provisions for sharing profit or loss: 1. A salary allowance of $33,400 to Martin and $42,900 to Clark 2. An interest allowance of 5% on capital balances at the beginning of the year 3. The remainder to be divided between Martin and Clark on a 2:3 basis The capital balances on January 1, 2024, for Martin and Clark were $88,600 and $109,100, respectively. For the year ended December 31 , 2024, the Martin Clark Partnership had sales of $367,200; cost of goods sold of $270,000; operating expenses of $140,400; V. Martin drawings of $25,956; and G. Clark drawings of $31,104. (a) Your answer is correct. Prepare an income statement for Martin Clark Partnership for the year. Using multiple attempts will impact your score. 25% score reduction after attempt 1 Salary allowance V. Martin G. Clark Total Deficiency remaining for allocation Interest allowance V. Martin G. Clark Total Deficiency remaining for allocation Fixed ratio V. Martin G. Clark Total Loss remaining for allocation i i i i i Your answer is correct. Prepare a statement of partners' equity for the year. Prepare closing entries at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Dec. 31 (To close Income Summary.) Dec. 31 (To close drawings accounts.)