=+EX 12-4 Dividing partnership income obj. 2 c. Hassell, $168,800 Casey Fisher and Logan Baylor formed
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=+EX 12-4 Dividing partnership income obj. 2
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c. Hassell,
$168,800 Casey Fisher and Logan Baylor formed a partnership in which the partnership agreement provided for salary allowances of $40,000 and $35,000, respectively. Determine the division of a $20,000 net loss for the current year.
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