Tyler Hawes and Piper Albright formed a partnership, investing $223,200 and $148,800, respectively. Determine their participation in the year's net income of $402,000 under each of the following independent assumptions: No agreement concerning division of net income. Divided in the ratio of original capital investment. Interest at the rate of 15% allowed on original investments and the remainder divided in the ratio of 2:3. Salary allowances of $58,000 and $80,000, respectively, and the balance divided equally. Allowance of interest at the rate of 15% on original investments, salary allowances of $58,000 and $80,000, respectively, and the remainder divided equally.