Morrison and Greene have decided to form a partnership . They have agreed that Mor - rison is to invest $150,0ng and that Greene is to invest $50,000 . Morrison is to devote one - half time to the business , and Greene is to devote full time . The following plans for the division of income are being considered : a. Equal division b . In the ratio of original investments C. In the ratio of time devoted to the business d. Interest of 6%` on original investments and the remainder equally { . Interest of 6% on original investments , salary allowances of $40, 00d to Morrison and $70,000 to Greene , and the remainder equally F. Plan ( e ), except that Greene is also to be allowed a bonus equal to 20% of the amount by which net income exceeds the total salary allowances Instructions For each plan , determine the division of the net income under each of the following assumptions : (1) net income of $115,000 and 12), net income of $200,000 . Present the data in tabular form , using the following columnar headings :" $1 15, 000 5200, 000 Plan Morrison GreenE Morrison Greene