On March 1, 2009, Eckert and Kelley formed a partnership. Eckert contributed $73,000 cash and Kelley contributed land valued at $58,400 and a building valued at $88,400. The partnership also assumed responsibility for Kelley's $63,000 long-term note payable associated with the land and building. The partners agreed to share income as follows: Eckert is to receive an annual salary allowance of $30,000, both are to receive an annual interest allowance of 8% of their beginning-year capital investment, and any remaining income or loss is to be shared equally. On October 20, 2009, Eckert withdrew $28,000 cash and Kelley withdrew $21,000 cash. After the adjusting and closing entries are made to the revenue and expense accounts at December 31, 2009, the Income Summary account had a credit balance of $83,000. Prepare journal entries to record the following: (Round your answers to the nearest dollar amount) The partners' initial capital investments Their cash withdrawals. The December 31 closing of both the Withdrawals and Income Summary accounts Determine the balances of the partners' capital accounts as of December 31, 2009. (Amounts in parentheses do not require a minus sign in front of them. Round your answers to the nearest dollar amount Capital account balances Eckert Kelley Initial investment Withdrawals Share of income Ending balances