Jackson and Campbell have capital balances of $100,000 and $300,000, respectively. Jackson devotes full time and Campbell one-half time to the business. Determine the division of $150,000 of net income in ratio of time devoted to business
a. $75,000 and $75,000 b. $37,500 and $112,500
c. $100,000 and $50,000 d. $112,500 and $37,500
c
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