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(a) How can partners share profits? (b) Solve part (e) of problem 12-2B on page 624. Show work. Summarize results. (c) How much income tax

(a) How can partners share profits? (b) Solve part (e) of problem 12-2B on page 624. Show work. Summarize results. (c) How much income tax does the partnership owe the IRS for the profit earned in part (e) of problem 12-2B? Explain.

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