Lisogar, Philip & Walters (LPW) is a regional accounting firm with four offices. Summary data from the partnership's annual report follow:

Required
1. What percentages of total revenues did LPW earn by performing assurance services (similar to audit), consulting services, and tax services during 2010? What were the percentages in 2014? Which type of service grew the most from 2010 to 2014?
2. Compute the average revenue per partner in 2014. Assume each partner works 1,900 hours per year. On average, how much does each partner charge a client for one hour of time?
3. How much net income did each LPW partner earn, on average, in 2014?

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Years Ended June 30 (Dollars in thousands, except where indicated) 2012 2014 0 02010 Revenues Assurance services Consulting services Tax services Total Revenues Operating Summary Revenues Personnel costs Other costs Income to Partners Statistical Data Average number of partners $1,234 $1,122 $1,064 $1,093 $1,070 349 1,007 743 658 628 567 515 $2,984 $2,525 $2,289 $2,081 $1,976 $2,984 $2,525 $2,289 $2,081 $1,976 726 415 $1057 S891 $885 S 818 $ 835 1,215 712 887 1,004 630 805 51745 8