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Ramer and Kncx began a partnership by imvesting 554,000 and 594,000, rospectively. The partiners agreed to share net incoche and loss by.glving annual salary aliowances of 552,000 to Ramer and $41,600 to Kncx, 10% interest allowances on their irvestments, and any remaining balance shared equalty. (Enter all allowances ans positive values. Enter losses as negative values.) Required: 1. Detemine each partner's share given a first-yoar net income of $102,800. 2. Determine each partner's share glver a firstyear netloss of 520,800 . Complete this questlon by entering your answers in the tabs below. Defermini each partner's share given a first-year net income of 5102,800. Ramer and Kncx began a partnershlp by imvesting $64,000 and $94,000, respectively. The partners agreed to share net income and loss by glving annual salary allowances of $52,000 to Ramer and $41,600 to Knox, 10% interest allowances on their investrients, and any remalning balance shared equally. (Enter all allowances as positive values. Enter losses as negative values.) Requlred: 1. Determine each partner's share glven a first-year net Income of $102,800. 2. Determine each partner's share given a first-year net loss of $20,800. Complete this question by entering your answers in the tabs below. Determine each partner's share given a first-year net loss of $20,800