Keith Williams and Brian Adams were students when they formed a partnership several years ago for a part-time business called Music Works. Adjusted trial balance information for the year ended December 31, 2020, appears below. Account Accounts payable Accumulated depreciation Brian Adams, capital** Brian Adams, withdrawals Cash Equipment Expenses Balance* Account $ 11,000 Keith Williams, capital** Balance* $ 43,300 90,000 37,000 75,000 Keith Williams, withdrawals 65,000 Note payable, due May 2022*** Office supplies 150,000 31,000 226,000 330,000 Revenues Utilities payable 510,000 2,700 117,000 *Assume all account balances are normal. **The partners made no investments during the year. ***$55,000 of the note payable is due in May 2021. Required: 1. Prepare calculations that show how the profit should be allocated to the partners assuming the partnership agreement states that profit/(losses) are to be shared by allowing a $105,000 per year salary allowance to Williams, a $165,000 per year salary allowance to Adams, and the remainder on a 3:2 ratio. (Leave no cell blank. Enter "O" when the answer is zero.) Profit Salary allowance Balance of profit to be allocated Balance allocated on a 3:2 ratio Balance of profit Shares of the partners Williams Adams Total 0 $ 0 0