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Dividing Partnership Income Tyler Hawes and Piper Albright formed a partnership investing $225,000 and $75,000, respectively Determine the participation in the year's net 280.000 under
Dividing Partnership Income Tyler Hawes and Piper Albright formed a partnership investing $225,000 and $75,000, respectively Determine the participation in the year's net 280.000 under each of the following independent assumption No agreement o g division of net income b. Divided in the ratio of original capital investment c. Interest at the rate of 6% allowed on originale ments and the reminder divided in the ratio of 2:3 d. Salary allowance of 538,000 and $48.000, respectively, and the balance divided sually c. Allowance of interest at the rate of o riginal investments, salary allowances of $38,and $40,000, respectively, and the remainder divided equally Albright $ 140,000 $ 140,000
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