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Dividing partnershlp income Beau Dawson and Willow McDonald formed a partnership, investing $ 1 1 6 , 0 0 0 and $ 1 7 4

Dividing partnershlp income Beau Dawson and Willow McDonald formed a partnership, investing $116,000 and $174,000, reapectively. Determine their participation in the yar's net income of $295,000 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. Intrest at the rate of5% allowed on original investments and the remainder divided in the ratio of2:3.
d. Salary allowances of $38,000 and $48,000, respectively, and the balance divided equally.
e. Allowance of interest at the rate of5%on original investments, salary allowances of $38,000 and $48,000, respectively, and the remainder divided equally.

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