philips and case are in the process of forming to import belgian chocolates, to which philip will contribute one third time and case full time. They have discussed the following alternative plans for sharing profit and losses a. in the ratio of their initial investment which they have agreed will be $196000 for philip and $294000 for case. b. in prportion to the time devoted to the business c. a salary allowance of $ 5000 per month to Case and the balance in accordance with their initial investment ratio d. a $ 5000 per month salary allowance to Case 10% interest on their investment and the balance equally The partners expect the business to generate profit as follows: Year 1, $109000 loss, year2 $159000 profit and year 3 $ 259000 profit required complete a schedule for each of the four plans being considered by showing how the partnership profit or loss for eavh year would be allocated to the partners