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 under each of the following assumptions: a. No agreement as to division of net income. Jackson $fill in the blank 1 Campbell $fill in the blank 2 b. In ratio of capital balances. Jackson $fill in the blank 3 Campbell $fill in the blank 4 c. In ratio of time devoted to business. Jackson $fill in the blank 5 Campbell $fill in the blank 6

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