I. LEARNING ACTIVITIES Elisa Diaz and Ma. Conception Manalo formed a partnership, investing P330000 and P110,000, respectively. Determine the partners' participation in the 2019 profit of P420,000 under each of the following independent assumptions: a. No agreement concerning division of profit. b. Divided in the ratio of original capital investment. 0. Interest at the rate of 8% allowed on original investments and the remainder divided in the ratio of 2:3. d. Salary allowances of P50,000 and P70.000, respectively, and the balance to be divided equally. e. Allowance of interest at the rate of 8% on original investments. salary allowances of P50,000 and P70.000, respectively, and the remainder to be divided equally. A. Income summary 420.000 Diaz, drawing (420000 x %) 315.000 Manalo, Drawing (420000 x 11) 105.000 B. Same as A C. Diaz Man alo Total Interest (8.1) 26,400 8,800 35,200 Reminder (2.3) 153.920 230.880 384.800 Chara in Drn'Fit- '1 9\" non 0'20 non ACID nnn