=+PR 12-6B Statement of partnership liquidation obj. 4 b. Hancock is to purchase $55,000 of the ownership
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=+PR 12-6B Statement of partnership liquidation obj. 4
b. Hancock is to purchase $55,000 of the ownership interest of Sails for $60,000 cash and to contribute another $30,000 cash to the partnership for a total ownership equity of $85,000.
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