Dallas and Weiss formed a partnership to manage rental properties, by investing $$207,000$ and $$243,000,$ respectively. During its first

year, the partnership recorded profit of $$551,000.$

Required:

Prepare calculations showing how the profit should be allocated to the partners under each of the following plans for sharing profit

and losses:

a$.$ The partners failed to agree on a method of sharing profit.

Answer is complete but not entirely correct.