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Dividing Partnership Ineome Beau Dawson and Willow MeDonald formed a partnership, investing $112,000 and $168,000, respectively. Determine their partiopation in the vear's net income of

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Dividing Partnership Ineome Beau Dawson and Willow MeDonald formed a partnership, investing $112,000 and $168,000, respectively. Determine their partiopation in the vear's net income of $275,000 under each of the following independent assumptions: a. No agreement concerning division of net income. b. Orided 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 $47,000, respectively, and the balance divided equally. e. Allowance of interest at the rate of 5% on original investments, salary allowances of $38,000 and $47,000, respectively, and the remainder divided equally

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