2. Juanita invested $100,000 and Jackie invested $95,000 in a new partnership. They agreed to a $50,000 annual salary allowance to Juanita and a $40,000 annual salary allowance to Jackie. The also agreed to an annual interest allowance of 10% on the partners' beginning-of-the-year capital balance, with any remainder to be divided equally. Required: (a) Under this agreement, determine the allocation to each partner if the net income for the first year is $130,000. (b) Under this agreement, determine the allocation to each partner if the net income for the first year is $100,000