Not sure if these answers are right, please check and fill in blank. Thanks!

P2 Required Information Problem 12-4A (Algo) Partnership income allocation, statement of partners' equity, and closing entries Lo [The following information applies to the questions displayed below.) Mo, Lu, and Barb formed the MLB Partnership by making investments of $71100, $276,500, and $442,400, respectively, They predict annual partnership net income of $471,000 and are considering the following alternative plans of sharing income and loss: (a) equally: (b) in the ratio of their initial capital investments; or ( salary allowances of $81,600 to Mo, $61.200 to Lu, and $92,000 to Barb; Interest allowances of 10% on their initial capital investments; and the remaining balance shared as follows: 20% to Mo, 40% to Lu, and 40% to Barb. Problem 12-4A (Algo) Part 2 2. Prepare a statement of partners' equity showing the allocation of Income to the partners assuming they agree to use plan (c) that Income earned is $471,000; and that Mo, Lu, and Barb withdraw $36,400, $50,400, and $66,400, respectively, at year-end. (Do not round Intermediate calculations. Enter all allowances as positive values. Enter losses as negative values.) Problem 12-4A (Algo) Part 2 2. Prepare a statement of partners' equity showing the allocation of income to the partners assuming they agree to use plan (C), that income earned is $471,000; and that Mo, Lu, and Barb withdraw $36,400, $50,400, and $66,400, respectively, at year-end. (Do not round Intermediate calculations. Enter all allowances as positive values. Enter losses as negative values.) MLB PARTNERSHIP Statement of Partners' Equity For Yoar Ended December 31 Lu 71,100 276,500 Barb Total 790,000 442,400 151,730 Initial partnership investments Net income Salary allowances Interest allowances Balance allocated Total net income Total 120,150 191,250 36,400 347,800 418,900 428,230 50,400 630,360 906,860 199,120 641,520 66,400 907,040 1,349,440 1,885,200 2,675,200 0 Less partners' withdrawals Ending capital balances S 418,900 $ 906,860 $ 1.349,440 $ 2,675,200