dividing partnership income

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Dividing Partnership Income Beau Dawson and Willow McDonald formed a partnership, investing 3187,500 and $62,500, 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 orioinal capital investment. c. Interest at the rate of 5% allowed on original investments and the remainder divided in the ratio of 2:3 d. Salary allowances of $38,000 and 548,000 , respectively, and the batance divided equaliy. e. Allowance of interest at the rate of 5% on originat investments, salary allowances of $38,000 and $48,000, respectively, and the remainder divid