Dividing Partnership Income Beau Dawson and Willow McDonald formed a partnership, investing $100,000 and $150,000, respectively, Determine their participation in the year's net income of $270,000 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:a. d. Salary allowances of $34,000 and $46,000, respectively, and the balance divided equally. c. Allowance of interest at the rate of 5% on original investments, salary allowances of $34,000 and $46,000, respectively, and the remainder divided equal Dawson McDonald 8. 135,000 135,000 b. C ill d. e