The ledger of Tyler Lambert and Jayla Yost, attorneys-at-law, contains the following accounts and balances after adjustments have been recorded on December 31, 20Y3:

Details
A trial balance for Lambert and Yost, dated December 31, 2 0 Y 3, is shown. It shows the following accounts and amounts: Cash, debit balance of 34,000; Accounts Receivable, debit balance of 47,800; Supplies, debit balance of 2,000: Land, debit balance of 120,000; Building, debit balance of 157,500; Accumulated Depreciation—Building, credit balance of 67,200; Office Equipment, debit balance of 63,600; Accumulated Depreciation—Office Equipment, credit balance of 21,700; Accounts Payable, credit balance of 27,900; Salaries Payable, credit balance of 5,100; Tyler Lambert, Capital, credit balance of 135,000; Tyler Lambert, Drawing, debit balance of 50,000; Jayla Yost, Capital, credit balance of 88,000; Jayla Yost, Drawing, debit balance of 60,000; Professional Fees, credit balance of 395,300; Salary Expense, debit balance of 154,500; Depreciation Expense—Building, debit balance of 15,700; Property Tax Expense, debit balance of 12,000; Heating and Lighting Expense, debit balance of 8,500; Supplies Expense, debit balance of 6,000; Depreciation Expense—Office Equipment, debit balance of 5,000; Miscellaneous Expense, debit balance of 3,600. A single rule appears below 3,600 and in the Credit Balances column on the same line. The total of the Debit Balances column is 740,200. The total of the Credit Balances column is also 740,200. A double rule appears below both of these amounts.

The balance in Yost's capital account includes an additional investment of $10,000 made on April 10, 20Y3.

create an income statement for 20Y3, indicating the division of net income. The partnership agreement provides for salary allowances of $45,000 to Lambert and $54,700 to Yost, allowances of 10% on each partner's capital balance at the beginning of the fiscal year, and equal division of the remaining net income or net loss.

create a statement of partnership equity for 20Y3.

create a balance sheet as of the end of 20Y3.