! Required information [The following information applies to the questions displayed below.] Ries, Bax, and Thomas invested $52,000, $68,000, and $76,000, respectively, in a partnership. During its first calendar year, the firm earned $410,100. Required: Prepare the entry to close the firm's Income Summary account as of its December 31 year-end and to allocate the $410,100 net income under each of the following separate assumptions. 1. The partners did not agree on a plan, and therefore share income equally. View transaction list Journal entry worksheet < 1 Record the entry to close the income summary account assuming the partners did not agree on a plan, and therefore share income equally. Note: Enter debits before credits. Date December 31 Income summary Ries, Capital General Journal Debit Credit 410,100 Record entry Clear entry S View general journal