Desmond Drury & Ty Wilkins have decided to form a partnership. They have agreed that Dury is to invest $118,300 & that Wilkins is to invest $50,700. Drury is to devote FULL TIME to the business, & Wilkins is to devote 1/2 time. The following plans for the division of income arebeing considered. (a) equal division (b) In the ratio of orginal investments (c) In the ratio of time devoted to the business (d)Interest of 10% on original investments & the remainder in the ratio of 3:2 (e) Interest of 10% on original investments, salary allowances of $115,000 to Drury & $57,500 to Wilkins & the remainder equally Plan (e) except that Wilkins is also to be allowed a bonus equal to 20% of the amount by which net income exceeds the total salary allowances. For each plan determeine the division of the net income under each of the following assumptions: (1) net income of $507,000 & (2) net income of $223,200