The condensed, adjusted trial balance of the Matthew and Gary Partnership as at December 31, 2024, appears below: MATTHEW AND GARY PARTNERSHIP Adjusted Trial Balance December 31, 2024 Debit Credit Current assets $49,000 Equipment 116,000 Accounts payable $31,000 Long-term debt 68,000 Matthew, capital 50,000 Matthew, drawings 294,000 Gary, capital 42,000 Gary, drawings 269,000 Service revenue 629,000 Operating expenses 92,000 $820,000 $820,000 The partnership agreement stipulates that a division of partnership profit or loss is to be made as follows: 1. A salary allowance of $346,000 to Matthew and $286,000 to Gary. 2. The remainder is to be divided equally.