1)Cox, North, and Lee form a partnership. Cox contributes $186,000, North contributes $155,000, and Lee contributes $279,000. Their partnership agreement calls for a 6% interest allowance on the partner's capital balances with the remaining income or loss to be allocated equally. If the partnership reports income of $169,200 for its first year, what amount of income is credited to Lee's capital account? 2) Cox, North, and Lee form a partnership. Cox contributes $198,000, North contributes $165,000, and Lee contributes $297,000. Their partnership agreement calls for a 5% interest allowance on the partner's capital balances with the remaining income or loss to be allocated equally. If the partnership reports income of $195,000 for its first year, what amount of income is credited to North's capital account? 3)Fontaine and Monroe are forming a partnership. Fontaine invests a building that has a market value of $360,000; the partnership assumes responsibility for a $130,000 note secured by a mortgage on the property. Monroe invests $105,000 in cash and equipment that has a market value of $80,000. For the partnership, the amounts recorded for Fontaine's Capital account and for Monroe's Capital account are: