Dividing Partnership Income Tyler Hawes and Piper Albright formed a partnership, Investing $210,000 and $70,000, respectively, Determine their participation in the year's net income of $290,000 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 divided in the ratio of 2:3. d. Salary allowances of $36,000 and $45,000, respectively, and the balance divided equally, e. Allowance of interest at the rate of 5% on original investments, salary allowances of $36,000 and $45,000, respectively, and the remainder divided equally. Hawes Albright (a) (b) (d) Dividing Partnership Income Tyler Hawes and Piper Albright formed a partnership, Investing $210,000 and $70,000, respectively, Determine their participation in the year's net income of $290,000 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 divided in the ratio of 2:3. d. Salary allowances of $36,000 and $45,000, respectively, and the balance divided equally, e. Allowance of interest at the rate of 5% on original investments, salary allowances of $36,000 and $45,000, respectively, and the remainder divided equally. Hawes Albright (a) (b) (d)