RCES Exercise 12-6 (Part Level Submission) For National Co., beginning capital balances on January 1, 2017, are Nancy Payne $21,200 and Ann Dody $17,200. During the year, drawings were Payne $7,000 and Dody $5.900. Net income was $26,500, and the partners share income equally. (a) Your answer is partially correct. Try again. Prepare the partners' capital statement for the year. (List items that increase partners' capital first.) NATIONAL CO. Partners' Capital Statement For the Year Ended December 31, 2017 N. Payne A. Dody Total Study Capital January E | Not income / (Loss) | Drawings Capital December 31 Click if you would like to show Work for this question: Show Work A Division of John W