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C Required information [The following information applies to the questions displayed below) Ramer and Knox began a partnership by investing $84,000 and $126,000, respectively. 2. The partners agreed to share income and loss in proportion to their initial investments. Net Income is $245,000. (Do not round intermediate calculations.) Fraction to Allocate Ramer Ramer's Share of income Fraction to Allocate Knox's Share of Knox Income Total income Allocated $ 0