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Abram, Moore, and Baker have capital balances of $ 2 2 , 0 0 0 , $ 3 3 , 0 0 0 , and

Abram, Moore, and Baker have capital balances of $22,000,$33,000, and $55,000, respectively. The partners share profits and losses as follows:
a. The first $50,000 is divided based on the partners' capital balances.
b. The next $50,000 is based on service, shared equally by Abram and Baker. Moore does not receive a salary allowance.
c. The remainder is divided equally.
Requirement 1. Compute each partner's share of the $130,000 net income for the year. (Complete all answer boxes. For amounts that are $0, make sure to enter "0" in the appropriate column.)
Net income (loss)
Capital allocation:
Abram
Moore
Baker
Salary allowance:
Abram
Moore
Baker
Total salary and capital allocation
Net income (loss) remaining for allocation
Remainder shared equally:
Abram
Moore
Baker
Total allocation
Net income (loss) remaining for allocation
Net income (loss) allocated to the partners
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