T-Mobile LTE @ * 59%) D 6:01 PM Exercise 12-6 For National Co., beginning capital balances on January 1, 2017, are Nancy Payne $22,500 and Ann Dody $18,800. During the year, drawings were Payne $7,300 and Dody $4,700. Net income was $27,800, and the partners share income equally Prepare the partners' capital statement for the year. (List items that increase partners' capital first.) Partaers' Capital Statement Prepare the owners' equity section of the balance sheet at December 31, 2017