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Dividing Partnership Income Desmond Drury and Ty Wilkins have decided to form a partnership. They have agreed that Drury is to invest $75,000 and that Wilkins is to invest $175,000. Drury is to devote full time to the business, and Wilkins is to devote one-half time. The following plans for the division of income are being considered a. Equal division. b. In the ratio of original investments. c. In the ratio of time devoted to the business. d. Interest of 10% on original investments and the remainder in the ratio of 3:2 e. Interest of 10% on original investments salary allowances of $170,000 to Drury and $85,000 to Wilkins, and the remainder equal . f. Plan (e), except that wilkins is also to be allowed a bonus equal to 20% of the amount by which net income exceeds the total salary allowances. For each plan, determine the division of the net income under each of the following assumptions: (1) net income of $750,000 and (2) net income of $330,000. $750,000 330,000 Plan Drury Wilkins Drury Wilkins b. d. Check My Work 2 more Check My Work uses remairing