Question: can you tell me what i did wrong there please. Ben Conway, Ida Chan, and Clair Scott formed CCS Consulting this year by making capital

can you tell me what i did wrong there please. 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: a. Equally; b. In the ratio of their initial investments; or c. 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. Required : 1. Use the schedule to show how a profit of \(\$ 426,000\) would be distributed under each of the alternative plans being considered. (Enter all amounts as positive values.)

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