O Finn and Hill form a parship contributing 582,500 and $27.500 respedively. Determine the shares of not income or not loss for each of the following independent situations (Use a mission or whese when entering losses) (Click on the icon to view the independentations) Net Income dow) Hill Situation Flo To pectively. Determine their shares of net income ornet loss for each of the following indepe * More Info - a. Net loss is $100,000 and the partners have no written partnership agreement b. Net income is $60,000 and the partnership agreement states that the partners share profits and losses on the basis of their capital balances. C. Net income is $160,000. The first $96,000 is shared on the basis of capital balances. The next $48,000 is based on partner service with Finn receiving 40% and Hill 60%. The remainder is shared equally Print Done e next question -- a