Dividing partnership income

to the business, and Westhoff is to devote full time. The following plans for the division of income are being considered:

a$.$ Equal division.

b$.$ In the ratio of original investments.

c$.$ In the ratio of time devoted to the business.

d$.$ Interest of $6\%$ on original investments and the remainder equally.

e$.$ Interest of $6\%$ on original investments, salary allowances of $$40,000$ to Dahl and $$85,000$ to Westhoff, and the remainder equally.

f$.$ Plan $($e$),$ except that Westhoff is also to be allowed a bonus of $$27,000$ if net income exceeds $$100,000.$

Required:

to the nearest whole dollar.

Plan

$(1)$ $$166,000$

$(1)$ $$166,000$

$(2)$ $$220,000$

$(2)$ $$220,000$

Westhoff

DahI

Westhoff