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0 Required information The following information applies to the questions displayed below) Ramer and Knox began a partnership by investing $64,000 and $96,000, respectively 3.

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0 Required information The following information applies to the questions displayed below) Ramer and Knox began a partnership by investing $64,000 and $96,000, respectively 3. The partners agreed to share income by granting a $57,000 per year salary allowance to Ramer, a $47,000 per year salary allowance to Knox, 10% terest on their initial capital investments, and the remaining balance shared equally Net incom e is $195,000 (Enter all allowances as positive values. Enter losses as negative values.) Net Income Salary allowances Interest allowances Total salary and interest Balance of income Balance alocated equally Balance of income Shares of the partners

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