Dividing Partnership Income Tyler Hawes and Piper Albright formed a partnership, Investing $187.500 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 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 $38,000 and $50,000, respectively, and the balance divided equally, e. Allowance of interest at the rate of 5% on original Investments, salary allowances of $38,000 and $50,000, respectively, and the remainder divided equally. Hawes Albright (a) (b) (c) (d) (e)