OBOOK Print Item Member MUNDUT Member Equity Equity Equity Equity Members' equity, $273,000 January 1, 2013 $307,000 $580,000 Net Income 57,000 133,000 190,000 Members' equity. December 31, $330,000 $440,000 $770,000 2093 Dunn contribution, 3,000 7,000 $220,000 230,000 January 1, 2014 Net Income 62,500 137,500 50,000 250,000 Member withdrawals (32,000) (48,000) (40,000) (120,000) Members' equity, December 31, $363,500 $536,500 $230,000 $1,130,000 2014 a. What was the income-sharing ratio in 2013? Enter the percentage per member and then select the ratio. Idaho Properties, LLC % Silver Streams, LLC % Ratio b. What was the income-sharing ratio in 2014? Enter the percentage per member and then select the ratio. Idaho Properties, LLC % Silver Streams, LLC Thomas Dunn % Ratio C. How much cash did Thomas Dunn contribute to Bonanza, LLC, for his interest? M d. Why do the member equity accounts of Idaho Properties, LLC, and Silver Streams, LLC, have positive entries for Thomas Dunn's contribution? The positive entries to Idaho Properties and Silver Streams are the result of Thomas Dunn. e. what percentage interest of Bonanza did Thomas Dunn acquire? f. Why are withdrawals less than net income? Withdrawals will be less when the members wish to capital in the business to business growth