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. * $42,000 of the note payable is due in May 2024 Required: 1. Prepare calculations that show how the profit should be allocated to the partners assuming the partnership agreement states that profit/(iosses) are to be shared by allowing a $92,000 per year salary allowance to Williams, o $152,000 per year salary allowance to Adams, and the remainder on a 32 ratio. (Leave no cell blank. Enter " 0" when the answer is zero.) 2. Prepare the journal entry to close the Income Summary account to the partners' capital accounts. Journal entry worksheet Note: Enter debits bafore credits 3. Prepare a statement of changes in equity and a classified balance sheet