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Please help! Maria and Carlos formed a partnership, investing $400,000 and $300,000, respectively. Determine their participation in the years net income of $345,000 under each

Please help!

Maria and Carlos formed a partnership, investing $400,000 and $300,000, respectively.

Determine their participation in the years net income of $345,000 under each of the following independent assumptions:

(a) No agreement concerning division of net income (equally);

(b) Divided in the ratio of original capital investment;

(c) Interest at the rate of 6% allowed on original investments and the remainder divided in the ratio of 5:1;

(d) Salary allowances of $44,350 and $33,450, respectively, and the balance divided equally;

(Must be in Format Below)

Maria

Carlos

a

b

c

d

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