Hello, I need some help figuring out the attached question.

Kara Elmevs, Tammy wand Joe Thomas invested $80,000, $112,000 and $128,000respectiver in a partnership. During its first calendar year, the firm eamed $249,000.Prepare the entry:r to close the firm's Income Summary account as of its December 31year-end and to allocate the $249,000 net income to the partners under each of thefollowing separate assumptions: The partners:1. Have no agreement on the method of sharing income and loss. 2. Agreed to share income and loss in the ratio of their beginning capitalInvestments 3. Agreed to share income and loss by providing annual salary allowances of$66,000 to Ries, $56,000 to bag, and $80,000 to Thomas: granting 10% interest on the partners' begimu'ng capital investments and sharing the remainder equally.