Dividing Partnership Income Beau Dawson and Willow McDonald formed a partnership, Investing $112,000 and $168,000, respectively. Determine their participation in the year's net income of $300,000 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 $38,000 and $49,000, respectively, and the balance divided equally. e. Allowance of interest at the rate of 6% on original investments, salary allowances of $38,000 and $49,000, respectively, and the remainder divided equally McDonald 150,000 180,000 Dawson 22 150,000 D. 120,000 C 113.280 X 169,920 X d. 106,500 X S 106,500 98,100 X 98,100 X Frediva O Set up a column for each partner and a total column Check My Work