Tracy Regis and Kimberly Fisher formed a partnership in which Tracy Regis devotes one-third me and Kimberly Fisher works full me. They have discussed several alternative plans for sharing net incomes and losses (listed below). The partners generated a $87,000 Income in the first year. For each of the following four plans identified below, prepare the appropriate entry to close the Income Summary account on December 31, 2023. Enter an appropriate description when entering the transactions in the journal. Please make sure your final answer(s) are accurate to the nearest whole number. a. Net incomes and losses are to be shared in the ratio of their initial investments, which they have agreed will be $110,000 for Tracy Regis and $110,000 for Kimberly Fisher. b. Net incomes and losses are to be shared in proportion to the me devoted to the business. c. Net incomes and losses are to be shared assuming a salary allowance of $27,000 to Kimberly Fisher and the balance in accordance with their initial investment ratio. d. The partners agreed to share income by providing annual salary allowances of $27,000 to Kimberly Fisher, 10% interest on the partners' beginning investments; and the balance equally