Gillie, Taft, and Dall are partners in an accounting firm. The partnership agreement is silent about the payment of salaries and the division of profits and losses. Gillie works full-time in the firm, and Taft and Dall each work half-time. Taft invested $120,000 in the firm, and Gillie and Dall invested $60,000 each. Dall is responsible for brining in 50% of the business, and Gillie and Taft 25% each. How should profits of $120,000 for the year be divided up?
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