Phillip and Case are in the process of forming a partnership to import Belgian chocolates, to which Phillip 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 investments, which they have agreed will be $$168,000$ for Phillip and $$252,000$ for Case.

b$.$ In proportion to the time devoted to the business.

c$.$ A salary allowance of $$5,000$ per month to Case and the balance in accordance with their initial investment ratio.

d$.$ A $$5,000$ per month salary allowance to Case, $15\%$ interest on their initial investments, and the balance equally.

The partners expect the business to generate profit as follows: Year $1,$ $$102,000$ loss; Year $2,$ $$152,000$ profit; and Year $3,$ $$252,000$ profit.

Required:

Complete a schedule for each of the four plans being considered by showing how the partnership profit or loss for each year would be allocated to the partners. $($Enter all amounts as positive value. Round the final answer to the nearest whole dollar.$)$

Plan a:

Plan b:

Plan c:

Plan d: