Required information Use the following information for the Exercises below. I The following information applies to the questions displayed below) Ramer and Knox began a partnership by investing $52.000 and $78,000, respectively. Exercise 12-5 Part 2 Income allocation in a partnership LO P2 2. The partners agreed to share income and loss in proportion to their initial investments. Net income is $165,000. (Do not round intermediate calculations.) Fraction to Alicate Rama's Share of ecos Fraction to Allocate Knox's Sharof Total com Kno Ince Allocated