Ramer and Knox began a partnership by investing $$62,000$ and $$93,000,$ respectively. During its first year, the partnership earned $$190,000.$ Prepare calculations showing how the $$190,000$ income is allocated under each separate plan for sharing income and loss.

$3.$ The partners agreed to share income by giving a $$56,000$ per year salary allowance to Ramer, a $$46,000$ per year salary allowance to Knox, $10\%$ interest on their initial capital investments, and the remaining balance shared equally. Net income is $$190,000.$

Note: Enter all allowances as positive values. Enter losses as negative values.

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