Holly and Luke formed a partnership, investing $240,000 and $80,000, respectively. Determine their participation in the year's net income of $380,000 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. Interest at the rate of 15% allowed on original investments and the remainder divided in the ratio of 2:3; d. Salary allowances of $50,000 and $70,000, respectively, and the balance divided equally; e. Allowance of interest at the rate of 15% on original investments, salary allowances of $50,000 and $70,000, respectively, and the remainder divided equally Holly Luke a. b. C. $ $ $ $ $ d. e