=+2. Chip and Dale agree to form a partnership. Chip is to contribute $50,000 in assets and to devote one-half time to the partnership. Dale is to contribute $20,000 and to devote full time to the partnership. How will Chip and Dale share in the division of net income or net loss?

A. 5:2 C. 1:1 B. 1:2 D. 2.5:1