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Please help me solve the balance sheet part of this question. I am stuck. I have also posted the previous parts that I previously answered incase it's needed for the last part. thank you!

Tyler King and Matt Johnson, two college friends, decided to set up a snow removal business called Crane Snow Removal Services. At the inception of the partnership. Tyler invested $5,040 cash and Matt imvested $13,860 cash. Once formed, early in January the partnership purchased equipment and a vehicle. Tyler estimates that the equipment purchased for $2.520 and the vehicle purchased for $12,600 have five-year useful lives, with no residual value. He used the straight-line method to calculate depreciation expense. At the end of the first year of business, Tyler, who was studying accounting, provided the following information: Additionat information: 1. Salaries expense is $25,200 and $12,600 cash that was paid to Tyler and Matt, respectively, during the yeac. 2. All revervues were collected incash. 3. All supplies were paid for in cash. At the end of the year, there were no supplies on hand. 4. There is $21,420 in the bank account at December 31,2024 Your answer is correct Prepare a journal entry to correct the errors, if any, on the income statement. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts.) Calculate the correct profit and the amount to be allocated to each partner. Prepare a statement of partners' equity for the year ended December 31, 2024. (List items that increase partner's equity first) CRANE SNOW REMOVAL SERVICES Statement of Partners' Equity Year Ended December 31, 2024 T. King $ M. Johnson $ Total $ 0 31,248 Drawings 1) 13,860 eTextbook and Media Prepare a balance sheet at December 31, 2024. (List Current Assets in order of liquidity, List Property, Plant, and Equipment in order of Equipment and Vehicles) Equipment and Vehicles) Cash Property, Plant, and Equipment Vehicles $ Accounts Payable Accounts Receivable Accumulated Depreciation Cash Equipment M. Johnson, Capital M. Johnson, Drawings Supplies T. King, Capital T. King, Drawings Unearned Revenue Vehicles Partners Partners' Equity T. King, Capital M. Johnson, Capital Total Partners' Equity

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