Noor, Blake and Alice share profits and losses in the ratio of 5:4:3. The Trial Balance for theyear ending 30 June 2022 before final adjustments was:Table 11 - Trial balance for Noor, Blake and Alice Partnership as at 30 June 2022Account nameDebit $Credit $Cost of goods sold22,000Advertising900Bank charges220Cleaning expenses1,380Postage and stationery1,100Depreciation9,000Telephone1,800Office supplies2,600Cash at bank40,000Inventory55,000Accounts receivable40,300Office furniture and90,000equipmentAccumulated depreciation18,000Sales99,000Accounts payable6,000Loan from partner - Blake8,000Capital - Noor60,000Document title:FNSACC414_AE_Sk2of3Page 17 of 26Resource ID:SEMX_22_003_FNSACC414_AE_Sk2of3Version:20230301 Account nameDebit $Credit $Capital - Blake40,000Capital - Alice20,000Current - Noor31,400Current - Blake23,600Current - Alice1,700Drawings - Noor20,000Drawings - Blake15,000Drawings - Alice5,000306,000306,000Other information:Salary due (not paid) to Noor - $19,000Interest on loan due (not paid) to Blake - $2,000A.As per the partnership agreement, interest on fixed capital is 7% and interest ondrawings is 15%. General Journal entries for the end of period adjustment, prepare income statement