Gillian and Emily invested $90,000 and $130,000,respectively,in a partnership they began one year ago.Assuming the partnership's net income was $250,000 for this year,calculate the share of the net income each partner should receive under the following assumptions.
(1)The partnership agreement specifies a salary allowance of $50,000 to Gillian and $60,000 to Emily,and the balance shared equally.
(2)The partnership agreement specifies a salary allowance of $45,000 to Gillian and $60,000 to Emily,10% interest on their investments,and the balance shared equally.

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The Answer of Gillian and Emily invested $90,000 and $130,000,respectively,in a partnership they began one year ago.Assuming the partnership's net income was $250,000 for this year,calculate the share of the net income each partner should receive under the following assumptions.
(1)The partnership agreement specifies a salary allowance of $50,000 to Gillian and $60,000 to Emily,and the balance shared equally.
(2)The partnership agreement specifies a salary allowance of $45,000 to Gillian and $60,000 to Emily,10% interest on their investments,and the balance shared equally.

Gillian and Emily Invested $90,000 and $130,000,respectively,in a Partnership They