Ed and Zee formed a partnership with capital contributions of $80,000 and $100,000 respectively. Their partnership agreement called for Ed to receive a $25,000 annual salary allowance, and each partner to receive a share of net income equal to a 10% return on capital investments. The remaining income or loss is to be divided equally. The net income for the year is $20,000. Required: Calculate Ed and Zee's respective share of net income and prepare the entry to close Income Summary on December 31. You may use the space below to show your work; however, full marks may be awarded for a correct journal entry. If the journal entry is incorrect, the work above the general journal may earn part marks