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 $275,000 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 6% allowed on original investments and the remainder divided in the ratio of 2:3. d. Salary allowances of $34,000 and $50,000, respectively, and the balance divided equally. e. Allowance of interest at the rate of 6% on original investments, salary allowances of $34,000 and $50,000, respectively, and the remainder divided equally. Dawson McDonald a. 137,500 137,500 b. $ 110,000 168,000 X C. $ 105,280 157,920 x d. $ 124,500 140,500 e. 127,820 147,180