Part 2 Savod 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 $7000 to Ramer and $44,000 to Knox. 8% interest allowances on their investments, and losses as negative values.) any remaining balance shared equally (Enter all allowances as positive values. Enter 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 2A Req 28 Determine the partners' shares of Ramer and Knox given a first year net income of $118,80o. Allocation of Partnership Income Ramer Total S 118,800 Knox Net Income (loss) Salary alowances Balance of income (loss) Interest allowances Balance of income (loss) Balance allocated equally Balance of income (loss) Shares of the partners Req 2B >