Ramer and Knox began a partnership by investing $78,000 and $117,000, respectively. 3. The partners agreed to share income by granting a $64,000 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 $230,000. (Enter all allowances as positive values. Enter losses as negative values.)