Randy and Sarah have a partnership agreement that includes the following provisions regarding sharing profit or loss: 1. A salary allowance of $24,000 to Randy and $19,000 to Sarah. 2. An interest allowance of 6% on capital balances at the beginning of the year. 3. The remainder to be divided 40% to Randy and 60% to Sarah. The capital balances on January 1, 2019, for Randy and Sarah were $73,000 and $81,000, respectively. During 2019, the Randy and Sarah Partnership had sales of $450,000, cost of goods sold of $269,000, and operating expenses of $78,000 Instructions Prepare an income statement for the Randy and Sarah Partnership for the year ended December 31, 2019. As a part of the income statement, include a division of profit to each of the partners and calculate their ending capital balances