al eBook B6 Show Me How Dividing Partnership Income Tyler Hawes and Piper Albright formed a partnership, investing $108,000 and $162,000, respectively, Determine their participation in the year's net income of $295,000 under each of the following independent assumptions: a. No agreement concerning division but net Income. b. Divided in the ratio of original capital investment. c. Interest at the rate of 6% allowed on original Investments and the remainder divided in the ratio of 2:3. d. Salary allowances of $40,000 and $49,000, respectively, and the balance divided equally. e. Allowance of interest at the rate of 6% on original investments, salary allowances of $40,000 and $49,000, respectively, and the remainder divided equally. Hawes Albright (a) 147,500 147.500 (b) 118,000 177,000 (c) (d) (e)