14.

Hope, Cheves, and Clearmont have capital investments of S17.850, 533,600, $53,550, respectively. The partners share profits and losses as follows: a. The first $60,000 is divided based on the partner's capital investment b. The next $34.000 is based on service, shared equally by Hope and Cheves c. The remainder is divided equally. Compute each partners share of the S96.000 net income for the year. Calculate each partner's share of the 596,000 net income for the year (Round your answers to the nearest whole dollar.) Hope Cheves Clearmont