On March 2, 2023, Zoe William, Karen Brown, and Veronica Miller start a partnership to operate a personal coaching and lifestyle consulting practice for professional women. Zoe will focus on work-life balance issues, Karen on matters of style, and Veronica on health and fitness. They sign a partnership agreement to split profits in a 3:2:3 ratio for Zoe, Karen, and Veronica, respectively . The following are the transactions for Crane Personal Coaching: 2023 Mar. 2 The partners contribute assets to the partnership at the following agreed amounts: They also agree that the partnership will assume responsibility for Karen's note payable of $3.200 Dec. 20 Zoe, Karen, and Veronica each withdraw $19,200 cash as a "year-end bonus." No other withdrawals were made during the year. 31 Total profit for 2023 was $70,400 2024 Jan.5 Zoe and Veronica approve Karen's request to withdraw from the partnershlip for personal reasons. They agree to pay Karen \$9,600 cash from the partnership. 6. Zoe and Veronica agree to change their profit-sharing ratio to 4:5, respectively. Dec. 20 Zoe and Veronica withdraw $27,360 and $28,800 cash, respectively, from the partnership. 31. Total profit for 2024 was $79,200. 2025 Jan. 4 Zoe and Veronica agree to admit Dela Moore to the partnership. Dela will focus on providing training in organizational skills to clients. Dela invests $19,840 cash for 25% ownership of the partnership. fecord the above tramsctions, For the profit recognized each year, calculate how it is to be allocated and record the closing of the Income Summary account. FCredit acoount tieles are sutomatloally indented when the amount is entered. De not indent manualy. List all debit entries before crendt entries, if no entry is requind, select "No Entry" for the account tieles and enter O for the amounts] (linvest assets in business) (thest muets in busines.) (Record cash drawings) thecordcasw orawng] No[ntry (to ciose incame Summary) 2024 (Torecord withdrawal of nartherd Question 1 of 1 11 (To record cash drawings) (To ciose fncome Summary) 2025 (To recort admussion of par trer.) eTextbook and Media Attempts: 0 of 1 used (b) The parts of this queation munt be conpleted in order. This part will be available when you complete the part abeve