Question: Compo and Dano form a partnership in which Compo contributes $50,000 in assets and agrees to devote half time to the partnership. Dano contributed $40,000

Compo and Dano form a partnership in which Compo contributes $50,000 in assets and agrees to devote half time to the partnership. Dano contributed $40,000 in assets and agrees to devote full time to the partnership. If no additional information is available, how will Compo and Dano share in the division of income?
Select one:
a. 1:2
b. 5:4
c. 1:1
d. 5:8

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