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Abe, Bill, and Carla are partners in a general partnership. Although the partnership has a written partnership agreement, it is silent on several issues, including

Abe, Bill, and Carla are partners in a general partnership. Although the partnership has a written partnership agreement, it is silent on several issues, including the distribution of profits and management of the entity. Abe contributed 60% of the initial capital, Bill contributed 30% of the initial capital, and Carla contributed 10% of the initial capital to the partnership. The partnership made $200,000 this year. How will the profits be divided?

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