Prepare a Partners' Capital Statement for Whatito Company Based on the Following

Prepare a partners' capital statement for Whatito Company based on the following information. $\begin{array}{lrr}&\underline{\text { Whatley }}&\underline{ \text { Hito }}\\\text { Beginning capital } & \$ 30,000 & \$ 27,000 \\\text { Drawings during year } & 15,000 & 8,000\end{array}$ Net income was $45000 and the partners share income 60% to Whatley and 40% to Hito.

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