please solve properly

Ben Conway, Ida Chan, and Clair Scott formed CCS Consulting this year by making capital contributions of $248,000,$284,000, and $178,000, respectively. They anticipate annual profit of $426,000 and are considering the foilowing alternative plans of shoring profits and losses: Q. Equally: b. In the ratio of their initial investments; or c. Salary allowances of $110,000 to Conway, $87,000 to Chan, and $62,000 to Scott and interest allowances of 10% on initiol investments, with any remaining balance shared equally. Required: 1. Use the schedule to show how o profit of $426.000 would be distributed under eoch of the aiternative plans being considered (Enter all omounts as positive velues.) 2. Prepare a statement of changes in equity showing the allocotion of profit to the partners, assuming they agree to use alternotive (c) and the profit actually earned for the year ended December 31, 2023, is $426,000. During the yeor. Conway, Chon, and Scort withdraw $42,000,$32,000, and $22,000, respectively (Enter all omounts es positive values.) 3. Prepare the December 31,2023 , journal entry to close Income Summary assuming they agree to use alternative (c) and the profit is $426,000. Also, close the withdrawals accounts