I need help answering these two questions. Thank you!

PROBLEM\t12-2\t(page\t524\tin\tFundamental\tAccounting\tPrinciples,\t22\ted.) Kara\tRies,\tTammy\tBax,\tand\tJoe\tThomas\tinvested\t$80,000,\t$112,000,\tand\t$128,000,\trespectively, in\ta\tpartnership.\tDuring\tits\tfirst\tcalendar\tyear,\tthe\tfirm\tearned\t$249,000. Required: Prepare\tthe\tentry\tto\tclose\tthe\tfirm's\tIncome\tSummary\taccount\tas\tof\tits\tDecember\t31\tyear-end and\tto\tallocate\tthe\t$249,000\tnet\tincome\tto\tthe\tpartners\tunder\teach\tof\tthe\tfollowing\tseparate assumptions: 1. The\tpartners\thave\tno\tagreement\ton\tthe\tmethod\tof\tsharing\tincome\tand\tloss. 2. The\tpartners\tagreed\tto\tshare\tincome\tand\tloss\tin\tthe\tratio\tof\ttheir\tbeginning\tcapital investments. 3. The\tpartners\tagreed\tto\tshare\tincome\tand\tloss\tby\tproviding\tannual\tsalary\tallowances\tof $66,000\tto\tRies,\t$56,000\tto\tBax,\tand\t$80,000\tto\tThomas;\tgranting\t10%\tinterest\ton\tthe partners'\tbeginning\tcapital\tinvestments;\tand\tsharing\tthe\tremainder\tequally. PROBLEM\t12-5\t(page\t525\tin\tFundamental\tAccounting\tPrinciples,\t22\ted.) Kendra,\tCogley,\tand\tMei\tshare\tincome\tand\tloss\tin\ta\t3:2:1\tratio.\tThe\tpartners\thave\tdecided\tto liquidate\ttheir\tpartnership.\tOn\tthe\tday\tof\tliquidation\ttheir\tbalance\tsheet\tappears\tas\tfollows. Kendra,\tCogley,\tand\tMei Balance\tSheet May\t31 Assets Liabilities\tand\tEquity Cash $180,800 Accounts\tPayable $245,500 Inventory 537,200 Kendra,\tCapital 93,000 Cogley,\tCapital 212,500 Mei,\tCapital 167,000 Total\tAssets $718,000 Total\tLiabilities\tand\tEquity $718,000 Required: Prepare\tjournal\tentries\tfor\t(a)\tthe\tsale\tof\tinventory,\t(b)\tthe\tallocation\tof\tits\tgain\tor\tloss,\t(c)\tthe payment\tof\tliabilities\tat\tbook\tvalue,\tand\t(d)\tthe\tdistribution\tof\tcash\tin\teach\tof\tthe\tfollowing separate\tcases:\tInventory\tis\tsold\tfor 1. $600,000; 2. $500,000; 3. $320,000\tand\tany\tpartners\twith\tcapital\tdeficits\tpay\tin\tthe\tamount\tof\ttheir\tdeficits; and 4. $250,000\tand\tthe\tpartners\thave\tno\tassets\tother\tthan\tthose\tinvested\tin\tthe partnership.\t(Round\tto\tthe\tnearest\tdollar.)