McGill and Smyth have capital balances on January $1$ of $$53,000$ and $$42,000,$ respectively. The partnership income$-$sharing agreement provides for $(1)$ annual salaries of $$18,000$ for McGill and $$15,000$ for Smyth$,(2)$ interest at $10\%$ 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 net income is $$78,000.($If an amount reduces the account balance then enter with a negative sign preceding the number or parenthesis, eg$.-15,000,(15,000).)$

$(2)$

Prepare a schedule showing the distribution of net income, assuming net income is $$26,000.($If an amount reduces the account balance then enter with a negative sign preceding the number or parenthesis, eg$.-15,000,(15,000).)$