Mc Meek, Lu Ling, and Barb Beck formed the MLB Partnership by making capital contributions of S67, 500, $262, 500, and $470,000, respectively. They predict annual partnership net income of $450,000 and are considering the following alternative plans of sharing income and loss: (a) equally; (b) in the ratio of their initial capital investments; or (c) salary allowances of $80,000 to Mo, $60,000 to Lu, and $90,000 to Barb; interest allowances of 10% on their initial capital investments: and the balance shared as follows: 20% to Mo, 40% to Lu, and 40% to Barb. Prepare a statement of partners' equity showing the allocation of income to the partners assuming they agree to use plan (c), that income earned is $209,000, and that Mo, Lu, and Barb withdraw $34,000, $48,000, and $64,000, respectively, at year end. (Do not round intermediate calculations. Enter all allowances as positive values. Enter losses as negative values.)