=+EX 12-3 Dividing partnership income obj. 2 b. Hassell, $150,000 Determine the income participation of Hassell
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=+EX 12-3 Dividing partnership income obj. 2
✔
b. Hassell,
$150,000 Determine the income participation of Hassell and Lawson, according to each of the five assumptions as to income division listed in Exercise 12-3 if the year’s net income is
$380,000.
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