Jenkins, Wilis, and Trent invested $100,000,$175,000, and $225,000, respectively. In a partnership. During its first year, the firm recorded profit of $300,000 Required: Prepare entrles to close the firm's income Summary account as of December 31 and to allocate the profit to the partners under each of the following assumptions: a. The parthers did not produce any speclal agreement on the method of distributing profits