Freeley and Hamwey form a partnership, contributing

$60,000

and

$90,000

, respectively Determine their shares of net income or net loss for each of the following independent situations (Use a minus sign or parentheses when entering losses )\ (Click on the icon to view the independent situations)\ Determine partners' shares of net income or net loss for situation a\ Net income (loss)\ Freeley\ Hamwey\ Total\ Situation a.

Freeley and Hamwey form a partnership, contributing $60,000 and $90,000, respectively. Determine their shares of net income or net loss for each of the following independent situations (Use a minus sign or parentheses when entering losses) (Click on the icon to view the independent situations) Determine partners' shares of net income or net loss for situation a