McGill and Smyth have capital balances on January 1 of $55,000 and $45,000, respectively. The partnership income-sharing agreement provides for (1) annual salaries of $21,000 for McGill and $13,000 for Smyth, (2) interest at 11% on beginning capital balances, and (3) remaining income or loss to be shared 60% by McGill and 40% by Smyth. (a) (1) Prepare a schedule showing the distribution of net income, assuming ret income is $77,000, if an amount reduces the occouint balance then enter with a negotive sign preceding the number or porenthesh, es. 15,000,(15,000) )