The PQ partnership has the following plan for the distribution of partnership net income (loss): 
Required:
Calculate the distribution of partnership net income (loss) for each independent situation below (for each situation, assume the average capital balance of P is $140,000 and of Q is $240,000).
1. Partnership net income is $360,000.
2. Partnership net income is $240,000.
3. Partnership net loss is $40,000.
Definitions:
Complementary Patterns
Interaction patterns in relationships where the behaviors of one individual are aligned with and support the behaviors of another, creating a balanced dynamic.
Conflict Interaction
The dynamic process where individuals engage in an exchange regarding their opposing interests or views.
Tactics
The specific methods or strategies used to achieve a desired outcome or manage a situation, especially in negotiations or conflict resolutions.
Conflict Patterns
The recurring ways in which conflicts are expressed, managed, and resolved within interpersonal relationships or groups.
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