Assume the partnership income-sharing agreement calls for income to be divided with a salary of $29,000 to Coburn and $25,300 to Webb, with the remainder divided 40% to Coburn and 60% to Webb. Prepare the journal entry to record the allocation of net income.(Credit account titles are automatically indented when amount is entered. Do not indent manually.)Account Titles and ExplanationDebitCredit.wileyplus.com/edugen/art2/common/pixel.gif”> Webb, Capital Cash Salaries Expense Drawings Income Summary Coburn, Capital res_EAT_1355118747228_0_8410713173913873_035.wileyplus.com/edugen/art2/common/pixel.gif”>.wileyplus.com/edugen/art2/common/pixel.gif”>.wileyplus.com/edugen/art2/common/pixel.gif”> Income Summary Webb, Capital Cash Salaries Expense Drawings Coburn, Capital res_EAT_1355118747228_0_8410713173913873_048.wileyplus.com/edugen/art2/common/pixel.gif”>.wileyplus.com/edugen/art2/common/pixel.gif”>.wileyplus.com/edugen/art2/common/pixel.gif”> Salaries Expense Drawings Income Summary Coburn, Capital Cash Webb, Capital res_EAT_1355118747228_0_8410713173913873_058