Rles, Bax, and Thomas invested $44.000 $60.000 and $68.000, respectively, in a partnership. During its first calendar year, the firm earned $375.600. Required: Prepare the entry to close the firm's Income Summary account as of its December 31 year-end and to allocate the $375,600 net income under each of the following separate assumptions 2. 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. Appropriation of profits General Journal Allocate $375,600 net income in the ratio of their beginning capital investments. (Do not round Intermediate calculations. Round final answers to the nearest whole dollar) Supporting Percentage of Total Income Allocated income to Computations Equity Summary Capital Rios Bax Thomas Apparation of pro General Journal >