Ches The following information applies to the questions displayed below) Ries, Bax, and Thomas invested $34,000, $50,000, and $58,000, respectively, in a partnership. During its first calendar year, the firm earned $339,300. Required: Prepare the entry to close the firm's Income Summary account as of its December 31 year-end and to allocate the $339,300 net income under each of the following separate assumptions: 1. The partners did not agree on a plan, and therefore share income equally. View transaction list Journal entry worksheet