Dividing Partnership Income Tyler Hawes and Piper Albright formed a partnership, Investing $217,500 and $72,500, respectively. Determine their participation in the year's net income of $285,000 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 6% 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 6% on original investments, salary allowances of $36,000 and $45,000, respectively, and the remainder divided equally. Albright Hawes 0001 011 (d) (e)