Dividing Partnership Income Candace Hassel and Abby Lawson formed a partnership, investing $448,000 and $224,000, respectively. Determine their participation in the year's net income of $258,000, under each of the following independent assumptions. No agreement concerning division of net income. Divided in the ratio of original capital investment. Interest at the rate of 18% allowed on original investments and the remainder divided in the ratio of 2:3. Salary allowances of $106,000 and $146,000, respectively, and the balance divided equally. Allowance of interest at the rate of 18% on original investments, salary allowances of $106,000 and $146,000, respectively, and the remainder divided equally