Dividing Partnership Income Tyler Hawes and Piper Albright formed a partnership, investing $168,000 and $84,000, respectively. Determine their participation in the year's net income of $348,000 under each of the following independent assumptions: No agreement concerning division of net income. Divided in the ratio of original capital investment. Interest at the rate of 18% allowed on original investments and the remainder divided in the ratio of 2:3. Salary allowances of $40,000 and $56,000, respectively, and the balance divided equally. Allowance of interest at the rate of 18% on original investments, salary allowances of $40,000 and $56,000, respectively, and the remainder divided equally. Hawes Albright (a) $ $ (b) $ $ (c) $ $ (d) $ $ (e) $ $