Karen Savannah and Abby Kim formed a partnership, investing $300,000 and $150,000, respectively. Determine their participation in the years net income of $330,000 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 8% allowed on original investments and the remainder divided in the ratio of 3:2.

d. Salary allowances of $60,000 and $80,000, respectively, and the remainder divided equally.

e. Allowance of interest at the rate of 5% on original investments, salary allowances of $50,000 and $70,000 respectively and the remainder divided equally.