The capital accounts of Lorraine Grecco and Carrie Rosenfeld have balances or $109,000 and $80,000, respectively, on January 1, 2084, the beginning of the fiscal year. On March 10, Grecco invested an additional $12,000. During the year, Grecco and Rosenfeld withdrew $59,000 and 548,000, respectively, and net Income for the year was $152,000. Revenues were 5573,000, and expenses were 5421,000. The articles or partnership make no reference to the division of net income. a. Journalize the entry to close the revenues and expenses. If an amount box does not require an entry, leave it blank. Journalize 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 or Grecco and Rosenfeld. If an amount is zero or a blarik, enter in o. Grecco and Rosenfeld Statement of Partnership Equity For the Year Ended December 31, 2014 Lorraine Grecco Carrie Rosenfeld Total Balances, January 1, 2014 Additional investment during the year Net income for the year Withdrawals during the year Balances, December 31, 2044