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 $31,2023,$ appears below.

'Assume all account balances are normal.

$**$The partners made no investments during the year.

$***$ $$56,000$ of the note payable is due in May $2024.$

Required:

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 $$106,000$ per year salary allowance to Williams, a $$166,000$ per year salary allowance to

Adams, and the remainder on a $3$:$2$ ratio. $($Leave no cell blank. Enter $"0"$ when the answer is zero.$)$