E-12-4)Dariah and Farrah began a partnership by investing $64,000 and $58,000 respectively. During its first year, the partnership earned $175,000 income should be allocated to the partners under each of the following three separate plans for sharing income and loss: (1) the partners failed to agree on a method to share income; (2) the partners agreed to share income and loss in proportion to their initial investments ( round amounts to the nearest dollar); and (3) the partners agreed to share income by granting a $52,000 per yer salary allowance to Daria , a $42,000 per year salary allowance to Farrah , 8% interest on their initial capital investments, and the remaining balance shared equally. E-12-5 Assume that the partners of exercise 12-4 agreed to share net income and loss by granting annual salary allowances of $52,000 to Daria and $42,000 to Farrah, 8% interest allowances on their investments, and any remaining balance shared equally. 1- Determine the partners' shares of Daria and Farrah given a first year net income of $98,800. 2- Determine the partners' share of Daria and Farrah given a first year net loss of $16,800