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SHEETAL o .. Dividing Partner Income Tyler Hawes and Per Albright formed a partnership, investing $120,000 and $150,000, respectively Determine their participation in the year's

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SHEETAL o .. Dividing Partner Income Tyler Hawes and Per Albright formed a partnership, investing $120,000 and $150,000, respectively Determine their participation in the year's net income of $280,000 under each of the following independent assumptions: a. Ne agreement concerning division of income Divided in the ratio of original capital investment Interest at the rate of towed on original investments and the remainder divided in the ratio of 2:2 d. Salary allowances of $5,000 $47.000, respectives and the balance divided equal Alowance of interest at the rate of an original investments, salary allowances of $36.000 and $47,000, respective, and the remainder divided equally wawes Albright O 0 30 D) DO te) 50 0000. e)

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