Morrison and Greene have decided to form a partnership. They have agreed that Morrison is to invest $213,000 and that Greene is to invest $71,000. 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 $45,000 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 Required: For each plan, determine the division of the net income under each of the following assumptions: (1) net income of $136,000 and (2) net income of $250,000 Round answers to the nearest whole dollar $136,000 $250,000 Plan Morrison Greene Morrison Greene 68,00 00 125,00125,000 102,000 62,500 166,667 72,260 63,740 129,260 120,740 34,000V 187,500 C. 45,333 90,667V 83,333 59,513 X 76,487 X 109,399 X