Rod Dall Co. reports net income of $10,000. The income ratios are Rod 50% and Dall 50%. Indicate the division of net income to each partner, and prepare the entry to distribute the net income. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Suzy Vopat has owned and operated a proprietorship for several years. On January 1, she decides to terminate this business and become a partner in the firm of Vopat and Sigma. Vopat's investment in the partnership consists of $11,000 in cash, and the following assets of the proprietorship: accounts receivable $14,600 less allowance for doubtful accounts of $1,800, and equipment $19,300 less accumulated depreciation of $3,700. It is agreed that the allowance for doubtful accounts should be $2,700 for the partnership. The fair value of the equipment is $12,500. Journalize Vopat's admission to the firm of Vopat and Sigma. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 1 Debit Credit For Carla Vista Co., beginning capital balances on January 1, 2020, are Nancy Payne $18,900 and Ann Dody $17,200. During the year, drawings were Payne $8,000 and Dody $4,400. Net income was $26,300, and the partners share income equally. (a) Prepare the partners' capital statement for the year. (List items that increase partners' capital first.) $ CARLA VISTA CO. Partners' Capital Statement N. Payne A. Dody Total $ $ $ $ $ Total Pharoah Co. reports net income of $73,000. Partner salary allowances are Pitts $11,000, Filbert $8,000, and Witten $6,000. Indicate the division of net income to each partner, assuming the income ratio is 55: 26: 19, respectively. Salary allowance $ Remaining income Total division of net income +A $ Pitts Division of Net Income Filbert Witten $ SA +A $ +A +A