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Required information

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Ramer and Knox began a partnership by investing $$58,000$ and $$87,000,$ respectively. During its first year, the partnership earned $$180,000.$ Prepare calculations showing how the $$180,000$ income is allocated under each separate sharing income and loss.

$3.$ The partners agreed to share income by giving a $$54,000$ per year salary allowance to Ramer, a $$44,000$ per year salary allowance to Knox, $10\%$ interest on their initial capital investments, and the remaining balance shared equally. Net income is $$180,000.$

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

$\backslash$table$[[$Ramer$,,],[$Net Income Knox,Total,,$],[$Salary allowances,,$],[$Interest allowances,,,$],[$Total salary and interest,,,$],[$Balance of income,,,$],[$Balance allocated equally,,,$],[$Balance of income,,,$],[$Shares of the partners,,,$]]$