On April t 2020, Harry Regal and Meghan Merle formed a partnership in Alberta, renting reusable moving boxes. Regal Merle Contribution $97,eee cash $137,eee land $50, eee building Profit sharing $107,eee salary allowance 15% of original 15% of original capital investments capital investments Cash withdrawal during year $77,888 $62, eee Net Income during the year was $177000 and was in the income Summary account. The partners agreed to share profit by allowing salary allowance interest on their initial investments, and sharing the balance equally. Required: 1. Present general journal entries to record the initial capital investments of the partners, their cash withdrawals, and the December 31 closing of the income Summary and withdrawals accounts