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A pormen beginsfest year of peons with the bon Das Capital 114.000 10.000 $4.000 According to the wide of partner protes will be resolow We

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A pormen beginsfest year of peons with the bon Das Capital 114.000 10.000 $4.000 According to the wide of partner protes will be resolow We will be wewed any of $20.000 with $2.000 aged to Sien The will be buted to 10 pcs of the process of the first day of the The reminder will be signed on 523bespectively Enchpenner is lowed to www $6.000 pery The news for the test your com 530.000 and encome for the went years $36.000 Echter Wideo TO Swed Help Save & Exit Submit A partnership begins its first year of operations with the following capital balances Winston, Capital Durham, Capital Salem, Capital $ 64,000 74,000 84,000 According to the articles of partnership, all profts will be assigned as follows: Winston will be awarded an annual salary of $20,000 with S10,000 assigned to Salem The partners will be attributed interest equal to 10 percent of the capital balance as of the first day of the year The remainder will be assigned on a 523 basis, respectively. . Each partner is allowed to withdraw up to $6,000 per year The net loss for the first year of operations is $32,000 and net income for the subsequent year is $36,000. Each partner withdraws the maximum amount from the business each period. What is the balance in Winston's capital account at the end of the second year? Multiple Choice 0 $63.300 O $80.030 OS23630 OST1000 Tunn hornt

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