Dante, Milton, and Cervantes formed a partnership and agreed to share profits in a 3:12 ratio after recognition of5% interest on average capital balances and salary allowances of $45,000 to Milton and $36,000 to Cervantes. Average capital balances were as follows 300,000 240,000 180,000 Dante Milton Cervantes REQUIRED Compute the net income (loss) allocated to each partner assuming the partnership incurred a $27,000 net loss