Calculate the profit (loss) distribution for the following: (Do not round intermediate calculations. Round your answers to the nearest cent.) Original investment: Partner 1, $114,000; Partner 2, $74,000. Profit for the year: $223,500. Partner 1 Partner 2

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Calculate the profit (loss) distribution for the following: (Do not round intermediate calculations. Round your answers to the nearest cent.)

Original investment: Partner 1, $114,000; Partner 2, $74,000.

Profit for the year: $223,500.

 

 
 
   
Partner 1  
Partner 2
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