Ramer and Knox began a partnership by investing $76,000 and $106,000, respectively. The partners agreed to share net income and loss by giving annual salary allowances of $58,000 to Ramer and $46,400 to Knox, 10% interest allowances on their investments, and any remaining balance shared equally. (Enter all allowances as positive values. Enter losses as negative values.) Required: 1. Determine each partner's share given a first-year net income of $114,800. 2. Determine each partner's share given a first-year net loss of $32,800.