Problem 12-3A (Algo) Allocating partnership income LO P2Skip to question[The following information applies to the questionsdisplayed below.]Ries, Bax, and Thomas invested $26,000, $42,000, and $5 3. The partners agreed to share income and loss by providing annual salary allowances of \( \$ 36,000 \) to Ries, \( \$ 31,000 \) to Bax, and \( \$ 43,000 \) to Thomas; granting \( 10 \% \) interest o 2 answers