Joel and Chris embarked on their partnership with distinct contributions $80,000 cash from Joel. And land valued at $120,000, along with a small building valued at $180,000 from Chris. The partnership also assumed a long-term note payable of $130,000 linked to Chris's land and building. The partners established a profit-sharing arrangement, including annual salary allowances, interest allowances, and equal sharing of remaining profits or losses. Record the initial capital investments, cash withdrawals, and closing entries for 2021. Calculate their respective capital account balances at the end of the year