Jones, Silva, and Thompson form a partnership and agree to allocate income equally after recognition of 10% interest on beginning capital balances and monthly salary allowances of $2,000 to Jones and $1,500 to Thompson, Capital balances on January 1 were as follows: Jones Siva Thompson $40,000 25,300 29,700 Calculate the net income (loss) allocation to each partner under each of the following independent situations. 1. Net income for the year is $99.800. 2. Net income for the year is $38,180, 3. Net loss for the year is $14,500. (Enter loss allocation using either a negative sign preceding the number e.g. -2,945 or parentheses ed. (2,945).) 1. Income (Loss) allocation 2. Income (Loss) allocation 3. Income (Loss) allocation Click if you would like to Show Work for this question: Open blank Show Work Copy Show Work from Previous attempt