Dallas and Weiss formed a partnership to manage rental properties by investing $174000 and $209,000, respectively. During its first year, the partnership recorded profit of $486,000 Required: Prepare calculations showing how the profit should be allocated to the partners under each of the following plans for sharing profile and losses: a. The partners failed to agree on a method of sharing profil Share to Dallas Share to Total Weiss b. The partners agreed to share pratits and losses in proportion total investments Share to Dalias Share to Weiss Total b. The partners agreed to share profits and losses in proportion to their initial investments Share to Dallas Share to Weiss Total c. The partners agreed to share profit by allowing a $153.000 per year salary allowance to Dallas, an $83,000 per year salary allowance to Weiss, 17% interest on their initial investments and sharing the balance equally (Leave no cell blank. Enter "o" when the answer is zero.) Share to Dallas Share to Weiss Total 5 05 0 U Total lanes and interest allocation Halance of profit 5 0 0 Balance allocated equaly Balance of proti Shares of each partner 05