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Candice hassel abby Lawson formed a partnership, inventing $416,000 and $208,000 respectively Determine their participation in the year's net income of $366,000 under each of

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Candice hassel abby Lawson formed a partnership, inventing $416,000 and $208,000 respectively Determine their participation in the year's net income of $366,000 under each of the following independent assumptions: No agreement concerning division of net income divided in the ratio of original capital investment Interest at the rate of 15% allowed on original investments and the remainder divided in the ratio of 2:3 salary allowances of $98,000 and $136,000, respectively and the balance divided equally Allowance of interest at the rate of 18% on original investments, salary allowances of $98,000 and $136,000, respectively, and the remainder divided equally

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