Required information [The following information applies to the questions displayed below.] Mo Meek. Lu Ling, and Barb Beck formed the MLB Partnership by making capital contributions of $67, 500, $262, 500, and $470,000, respectively. They predict annual partnership net income of $450,000 and are considering the following alternative plans of sharing income and loss: (a) equally; in the ratio of their initial capital investments; or (c) salary allowances of $80,000 to Mo, $60,000 to Lu, and $90,000 to Barb; Interest allowances of 10% on their initial capital investments; and the balance shared as follows: 20% to Mo. 40% to Lu, and 40% to Barb. Required: Use the table to show how to distribute net income of $450,000 for the calendar year under each of the alternative plans being considered. (Do not round intermediate calculations.)