Calculator Dividing Partnership Income Tyler Hawes and Piper Albright formed a partnership, Investing $120,000 and $180,000, respectively. Determine their participation in the year's net Income of $290,000 under each of the following Independent assumptions: a. No agreement concerning division of net income. b. Divided in the ratio of original capital investment. c. Interest at the rate of 5% 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 5% on original investments, salary allowances of $40,000 and $49,000, respectively, and the remainder divided equally. Hawes Albright (b) (c) ll!!! (d) (e)