b. A bonus of 20% of net income after the bonus will be allocated between Weber and Laidlaw in the ratio of 1:3. The bonus would be distributed at the end of the first quarter subsequent to year-end....

b. A bonus of 20% of net income after the bonus will be allocated between Weber and Laidlaw in the ratio of 1:3. The bonus would be distributed at the end of the first quarter subsequent to year-end.

c. Profit and loss percentages are 40%, 30%, and 30%, respectively, for Carlton, Weber, and Laidlaw.