Morrison and Greene have decided to form a partnership. They have agreed that Morrison is to invest $177,000 and that Greene is to invest $59,000. 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

e. Interest of 6% on original investments, salary allowances of $40,000 to Morrison and $75,000 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

Required: For each plan, determine the division of the net income under each of the following assumptions: (1) net income of $121,000 and (2) net income of $210,000. Round answers to the nearest whole dollar.