Fulton, Read and Moore are partners who earn an annual salary of $50 000, $40 000, and $20 000 respectively, and earn 10% on their capital balances which are $70 000, $60 000, and $30 000 respectively. They also have an income ratio of 40%, 40% and 20% respectively. Show the entry to allocate the net income or net loss under the following unrelated situations: (a) net income of $200 000 (b) net income of $120 000 (c) net loss of $30 000.