Required information [The following information applies to the questions displayed below.] Ramer and Knox began a partnership by investing $66,000 and $99,000, respectively. During its first year, the partnership earned $200,000. Prepare calculations showing how the $200,000 income is allocated under each separate plan for sharing income and loss. 3. The partners agreed to share income by giving a $58,000 per year salary allowance to Ramer, a $40,000 per year salary allowance to Knox, 10% interest on their initial capital investments, and the remaining balance shared equally. Net income is $200,000. Note: Enter all allowances as positive values. Enter losses as negative values