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Henderson, Costa, and Clearmont have capital investments of $21,780, $33,660, 543,560, respectively. The partners share profits and losses as follows a. The first $40,000
Henderson, Costa, and Clearmont have capital investments of $21,780, $33,660, 543,560, respectively. The partners share profits and losses as follows a. The first $40,000 is divided based on the partner's capital investment. b. The next $32.000 is based on service, shared equally by Henderson and Costa c. The remainder is divided equally Compute each partners share of the $100,000 net income for the year Calculate each partner's share of the $100.000 net income for the year (Round your answers to the nearest whole dollar.) Henderson Costa Clearmont
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