Dividing Partnership income Bleau Dawson and Willow McDonaid formed a partnership, investing $60,000 and $180,000, 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 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