Will Beck, Ron Beck, and Barb Beck formed the BBB Partnership by making capital contributions of $167,750, $119,821, and $191,714,...

Will Beck, Ron Beck, and Barb Beck formed the BBB Partnership by making capital contributions of $167,750, $119,821, and $191,714, respectively. They predict annual partnership net profit of $225,000 and are considering the following alternative plans of sharing income and loss: (a) equally; (b) in the ratio of their initial capital investments; or (c) salary allowances of $38,000 to Will, $28,000 to Ron, and $43,000 to Barb; interest allowances of 10% on their initial capital investments; and the balance shared equally.