Left and Right are partners. Their capital accounts during 201 were as follows: Left, Capital Right, Capital Debit 8/23 6,000 Credit 1/1 4/3 10/31 Debit Credit 30,000 8,000 6,000 3/5 9,000 1/1 50,000 7/6 10/7 7,000 5,000 Partnership net income is $50,000 for the year. The partnership agreement provides for the division of income as follows: 1. Each partner is to be credited 8 percent interest on his or her average capital (calculated after rounding to the nearest number of whole months). 2. Any remaining income or loss is to be divided equally. Required: Prepare an income distribution schedule. Note: Amounts that are to be deducted from an individual partner's capital balance should be entered with a minus sign. Profit percentage Average capital Net income Interest on average capital Residual income Allocate Total Left Right Total % % 3,780 % $ 0 $ 0 $ 0 $ 0 $ 0 SA 0