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a. The partnership of Tammy and Bob began with the partners imvesting $3,900 and 52,600 , respectively At the end of the frst year, the

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a. The partnership of Tammy and Bob began with the partners imvesting $3,900 and 52,600 , respectively At the end of the frst year, the partnership eamed net income of $8,200. Under each of the following independent situations, cakulate how much of the $6,200 each is enttiod to View the indenendent situations. b. In Situation 3, what would the earnings to each partner be if net income were $4,900 ? a. The partnership of Tammy and Bob began with the partners investing $3,900 and $2,600, respectively. At the end of the first year, the partnership eatned net income of $8.200 Under each independent situations, calculate how much of the $8.200 each is entitled to Stuation 1: No agreement on how income was to be shared Stuation 2. Tammy and Bob share income based on the beginning-of-year imestment ratio (Do not round inhermediary caiculations. Only round your final answers to the nearest whole dollar) Sifuaton 3 Salary allowance of $2.200 to Tammy and $2.510 to Bob. Ten percent interest on beginniog year's invosiment Remainder sple equaly (Enter seficits with a minus siga or parentheses ) tuabon 3: Salary allowance of $2,200 to Tammy and $2,510 to Bob Ten percent interest on beginning year's investment Remainder split equally (Enter deficks with a minus gn or parentheses) Independent Situations Situation 1: No agreement on how income was to be shared Situation 2: Tammy and Bob share income based on the beginning-of-year investment ratio Situation 3: Salary allowance of $2,200 to Tammy and $2,510 to Bob. Ten percent interest on beginning year's investment. Remainder split equally

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