Use the following information for the Exercises below. [The following information applies to the questions displayed below.] Ramer and Knox began a partnership by investing $78,000 and $117,000, respectively. Exercise 12-6 Income allocation in a partnership LO P2 The partners agreed to share net income and loss by granting annual salary allowances of $64,000 to Ramer and $46,000 to Knox, 10% interest allowances on their investments, and any remaining balance shared equally. (Enter all allowances as positive values. Enter losses as negative values.) Required: 2a. Determine the partners' shares of Ramer and Knox given a first-year net income of $112,800. 2b. Determine the partners' shares of Ramer and Knox given a first-year net loss of $30,800.