Questions 6-8 (of tt) Problem 12-3A Partnership Income allocation, statement of partners' equity, and closing entries LO P2 The following information applies to the questions displayed below.] Beck Bruce Beck, andBarb Beck formed the BBB Partnership by making capital contributions of 583,700, $325,500, and $520,800, respectively. They predict annual partnership net income of and are considering the following altermative plans of sharing income and loss: (e) equally, (b) in the ratio of their Initial capital Investments, or (d) salary allowances of $87200 to Bin, $65400 to Bruce, and $99,000 to Bart: Interest allowances of 10% on their initial capital Investments and the bate c shared as follows: 20% to Bm 40% to B uce, and 40% to Bart Bil B uce, and Barb w drew $44 00, $58,800, and $74,800, respectively, at year-end Problem 12-3A Partnership income allocation, statement of partners' equity, and closing P2 Section Break value 2.00 points Problem 12-3A Part1 Required 1. Use the fable to show how to distribute net income of $544,500 for the calendar year under each of the alernalive plans being considered. (Do not round intermediate calculations.)