Holly and Luke formed a partnership, investing $240,000 and $80,000, respectively. Determine their participation in the years 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