Please show all working and every step on how you got your answers. Thank you.

$12-5) Allocating profits and losses to the partners Anderson, Macer, and Bell have capital balances of $22,000, $33,000, and $55,000 respectively. The partners share profits and losses as follows: a. The first $50,000 is divided based on the partners' capital balances. b. The next $50,000 is based on services, shared equally by Anderson and Bell. Ma does not receive a salary allowance. c. The remainder is divided equally. Requirements 1. Compute each partner's share of the $112,000 net income for the year 2. Journalize the closing entry to allocate net income for the year