Dividing partnership income Carmelo Fernandez and Bobby Morett formed a partnership, investing $116,000 and $174,000, respectively: Determine their participation in the year's net income of $295,000 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 fivided in the ratio of 2:3, d. Salary allowances of $34,000 and $45,000, respectively, and the balance divided equally e. Allowance of interest al the rate of 5% on original investments, salary allowances of $34,000 and $45,000, respectively, and the remainder olvidod equally. Sendtase Tchea Mr wor Set up a column for each partner and a total column