The capital accounts of Lorraine Grecco and Carrie Rosenfeld have balances of $54,000 and $60,000, respectively, on January 1, 2014, the beginning of the fiscal year. On March 10, Grecco invested an additional $9,000. During the year, Grecco and Rosenfeld withdrew $44,000 and $38,000, respectively, and net income for the year was $114,000 Revenues were $525,000, and expenses were $421,000. The articles of partnership make no reference t the division of net income a. Joumate the entry to close the revenues and expenses. If an amount box does not require an entry, leave it a Jaumalize the entry to close the drawing accounts. If an amount box does not require an entry leave it blank b. Prepare a statement of partnership equity for the current year for the partnership of Cresce and Rosenfeld If an amount is sero or a blank, enter in Grecco and Rosenfeld Statement of Partnership Equity For the Year Ended December 31, 2014 Balances, January 1, 2014 Lorraine Grecco Carrie Rosenfeld Total Additional investment during the year Net income for the year Withdrawals during the year Balances, December 31, 2014