Need help the Journal entry and the Capital's Statement. I've done it wrong and so did the anonymous reply.

At the end of its first year of operations on December 31, 2020, Crane Companys accounts show the following.

Partner		Drawings		Capital
Art Niensted		$23,000		$42,200
Greg Bolen		13,800		38,500
Krista Sayler		10,700		27,500

The capital balance represents each partners initial capital investment. Therefore, net income or net loss for 2020 has not been closed to the partners capital accounts. To record the division of net income for the year 2020 under each of the following independent assumptions.

1.		Net income is $28,300. Income is shared 6:3:1.
2.		Net income is $39,800. Niensted and Bolen are given salary allowances of $15,500 and $10,800, respectively. The remainder is shared equally.
3.		Net income is $19,100. Each partner is allowed interest of 10% on beginning capital balances. Niensted is given a $14,580 salary allowance. The remainder is shared equally.

Your answer is partially correct. Try again. Journalize the entry to record the division of net income for the year 2020 under each of the above independent assumptions. No. Account Titles and Explanation Debit Credit 1. Income Summary 28300 x G. Bolen, Capital 16980 X A. Niensted, Capital 8490 > > K. Sayler, Capital 2830 > 2. Income Summary 39800 A. Niensted, Capital 200001 s1 G. Bolen, Capital 15300 K. Sayler, Capital 4500 3. Income Summary 19100 A. Niensted, Capital 16700 G. Bolen, Capital 1750 K. Sayler, Capital 650 Your answer is partially correct. Try again. Prepare a partners' capital statement for the year under assumption (3) above. (List items that increase partners cap CRANE COMPANY Partners' Capital Statement For the Year Ended December 31, 2020 Art Niensted Greg Bolen Krista Sayler Total Capital, January 1 42200 38500 27500 108200 X X X Add Capital, January 1 18800 3850 2750 25400 x X x X 61000 42350 30250 133600 X X x Less Drawings (2100) (2100) (2100) (6300) X x Capital, December 31 58900 40250 28150 127300 Click if you would like to Show Work for this question: Open Show Work