Interest allowance and balance allocated are the 2 problems i cant figure out and i would like to know to better solve questions like these. TY

Required information (The following information applies to the questions displayed below.) Mo, Lu, and Barb formed the MLB Partnership by making investments of $67,500, $262,500, and $420,000, respectively. They predict annual partnership net income of $450,000 and are considering the following alternative plans of sharing income and loss: (a) equally; (b) in the ratio of their initial capital investments; or (C) salary allowances of $80,000 to Mo, $60,000 to Lu, and $90,000 to Barb; interest allowances of 10% on their initial capital investments, and the remaining balance shared as follows: 20% to Mo, 40% to Lu, and 40% to Barb. 2. Prepare a statement of partners' equity showing the allocation of income to the partners assuming they agree to use plan (C), that income earned is $209,000, and that Mo, Lu, and Barb withdraw $34,000, $48,000, and $64,000, respectively, at year-end. (Do not round intermediate calculations. Enter all allowances as positive values. Enter losses as negative values.) MLB PARTNERSHIP Statement of Partners' Equity For Year Ended December 31 Lu Barb Total Mo 67,500 262,500 420,000 750,000 Initial partnership investments Net income Salary allowances Interest allowances 80.000 60.000 90.000 Balance allocated Total net income 80.000 90.000 230.000 Total 147,500 34,000 60,000 322,500 48,000 274,500 $ 510,000 64.000 980,000 146.000 Less partners' withdrawals Ending capital balances $ 113,500 $ 446,000 $ 834,000