Ries, Bax, and Thomas invested $50,000, $66,000, and $74,000,respectively, in a partnership. During its first calendar year, thefirm earned $417,300.Required:Prepare the entry to close the firmâ?? Required information [The following information applies to the questions displarfed below.] Ries, Bax, and Thomas invested \( \$ 50,000, \$ 66,000 \), and \( \$ 74,000 \), respectively, in a partnersh 2 answers