is this right?

Ramer and Knox began a partnership by investing $90,000 and $135,000, respectively The partners agreed to share net income and loss by granting annual salary allowances of $70,000 to Ramer and $44,000 to Knox, 8% interest allowances on their investments, and any remaining balance shared equally. (Enter all allowances as positive values. Enter losses as negative values.) Required: 2a. Determine the partners' shares of Ramer and Knox given a first-year net income of $118,800. 2b. Determine the partners' shares of Ramer and Knox given a first-year net loss of $36,800 Complete this question by entering your answers in the tabs below Req 28 Req 2A Determine the partners' shares of Ramer and Knox given a first-year net loss of $36,800 Allocation of Partnership Income Knox Total S (36,800) Net Income (loss) Salary allowances Balance of income (loss) Interest allowances Balance of income (loss) 114,000 (150,800 18,000 168,800 $ 70,000$44,000 Interest allwances0010 800 18000 Balance allocated equally400 (84 400168600 7.200 S 337.600 Balance of income (loss) Shares of the partnens 600 S 7.200 29,