Waverly Wild is a partnership owned by G. Wild and Q. Waverly. At January 1, 2021 the partner's capital accounts were: G. Wild, $20,300 and Q. Waverly $16,700. During 2021, Waverly contributed to the business machinery with a fair value of $8,300. Each partner withdrew $42,000 during the year and profit was $150,000. The partners share profit on a 2:1 ratio (Wild:Waverly). Instructions a) Prepare the statement of partners' equity for the year ended December 31, 2021. b) Prepare a partial balance sheet, showing the partners' equity