Newton and Scampi began a parthership by investing $52,000 and $78,000, respectively. During its first year, the partnership recorded net income of $180,000. Required Prepare calculations showing how the income should be allocated to the partners under each of the following plans for sharing net incomes and losses: a. The partners failed to agree on a method of sharing income. b. The partners agreed to share incomes and losses in proportion to their initial investments. c. The partners agreed to share income by allowing an $85,000 per year salary allowance to Newton, a $65,000 per year salary allowance to Scampi, 10% interest on their initial investments, and the balance equally