Tyler Hawes and Piper Albright formed a partnership, investing $67,500 and $202,500, respectively. Determine their participation in the year's net income of $300,000 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 6% allowed on original investments and the remainder divided in the ratio of 2:3. Salary allowances of $34,000 and $50,000, respectively, and the balance divided equally. Allowance of interest at the rate of 6% on original investments, salary allowances of $34,000 and $50,000, respectively, and the remainder divided equally.

Hawes Albright

(a) $ $

(b) $ $

(c) $ $

(d) $ $

(e) $ $