Ries, Bax, and Thomas invested $32,000,$48,000, and $56,000, respectively, in a partnership. During its first calendar year, the firm earned $372,900. Required: Prepare the entry to close the firm's Income Summary account as of its December 31 year-end and to allocate the $372,900 net income under each of the following separate assumptions. The partners agreed to share income and loss in the ratio of their beginning capital investments. Complete this question by entering your answers in the tabs below. Allocate $372,900 net income in the ratio of their beginning capital investments. (Do not round intermediate calculations. Round final answers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Prepare the entry to close the firm's Income Summary account as of its December 31 year-end. (Do not round intermediate calculations. Round final answers to the nearest whole dollar.) Journal entry worksheet Record the entry to close the income summary account assuming the partners have agreed to share income and loss in the ratio of their beginning capital investments. Note: Enter debits before credits