Ben Conway, Ida Chan, and Clair Scott formed CCS Consulting this year by making capital contributions of $248,000, $284,000, and $178,000, respectively. They anticipate annual profit of $426,000 and are considering the following alternative plans of sharing profits and losses: Equally; In the ratio of their initial investments; or Salary allowances of $110,000 to Conway, $87,000 to Chan, and $62,000 to Scott and interest allowances of 10% on initial investments, with any remaining balance shared equally.

Use the schedule to show how a profit of $426,000 would be distributed under each of the alternative plans being considered.