If anna originally invested $5,000 and caleb invested $1,000 in the business, and the business made a profit of $60,000, how would the profit be split?
a. regardless of what is in the partnership agreement, anna will receive $50,000 of the profits and caleb will receive $10,000.
b. if the partnership agreement does not specify how the profits will be split, then the proceeds will be split evenly ($30,000 to both).
c. if the partnership agreement specifies how the profits will be split, then the proceeds will be distributed accordingly, otherwise the profits will be split evenly between anna and caleb.
d. if the partnership agreement specifies how the profits will be split, then they will be split using the terms of the agreement.