Price, Waterhouse, and Coopers complete their first year of business as a partnership. The partners offer auditing, tax, and advisory services. Use the Tableau Dashboard to determine allocation of income.

1. Determine each partners share of income assuming the partners agree to share income and loss in proportion to their initial investments. 2. Determine each partners share of income assuming the partners agree to share income by giving a $27,000 per year salary allowance to Price, a $50,000 per year salary allowance to Waterhouse, a $46,000 per year salary allowance to Coopers, and the remaining balance shared equally.