Dividing Partnershis income Beau Dawson and Witlow McDonald formed a partnership, inwesting $116,000 and 1174,000, respectively, Determine theif participation in the year's net income of $270,000 under each-of the following indeperident assumprions: a. No agreement conceming 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 $34,000 and $46,000, respectively, and the balance divided equally. e. Allowance of interest at the rate of 5% on original investments, salary allowances of $34,000 and $46,000, respective