=+ 12-1 Partnership agreement Rahmel Becker and Heather Morrow decide to form a partnership. Becker will contribute $300,000 to the partnership, while Morrow will contribute only $30,000.

However, Morrow will be responsible for running the day-to-day operations of the partnership, which are anticipated to require about 45 hours per week. In contrast, Becker will only work five hours per week for the partnership. The two partners are attempting to determine a formula for dividing partnership net income. Becker believes