Question 885237
$90,000 $135,000
Plan Lawford Delgado Lawford Delgado
a. .................................................... $54,000 $54,000 $ 75,000 $ 75,000
b. .................................................... 81,000 27,000 112,500 37,500
c. .................................................... 36,000 72,000 50,000 100,000
d. .................................................... 58,800 49,200 79,800 70,200
e. .................................................... 42,800 65,200 63,800 86,200
f. .................................................... 41,600 66,400 58,400 91,600
Details
 $108,000 $150,000
 Dyer Salinas Dyer Salinas
a. Net income (1:1) ........................ $54,000 $54,000 $ 75,000 $ 75,000
b. Net income (3:1) ........................ $81,000 $27,000 $112,500 $ 37,500
c. Net income (1:2) ........................ $36,000 $72,000 $ 50,000 $100,000
d. Interest allowance ..................... $14,400 $ 4,800 $ 14,400 $ 4,800
Remaining Income (1:1)............ 44,400 44,400 65,400 65,400
Net income................................. $58,800 $49,200 $ 79,800 $ 70,200
e. Interest allowance ..................... $14,400 $ 4,800 $ 14,400 $ 4,800
Salary allowance ....................... 32,000 64,000 32,000 64,000
Excess of allowances over
income (1:1) ........................... (3,600) (3,600)
Remaining income (1:1)............ 17,400 17,400
Net income................................. $42,800 $65,200 $ 63,800 $ 86,200
f. Interest allowance ..................... $14,400 $ 4,800 $ 14,400 $ 4,800
Salary allowance ....................... 32,000 64,000 32,000 64,000
Bonus allowance....................... 2,4001
 10,8002
Excess of allowances over
income (1:1) ........................... (4,800) (4,800)
Remaining income (1:1)............ 12,000 12,000
Net income................................. $41,600 $66,400 $ 58,400 $ 91,600