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Adler, Montel, and Bennet have capital balances of $ 1 8 , 0 0 0 , $ 2 7 , 0 0 0 , and
Adler, Montel, and Bennet have capital balances of $$ and $ respectively. The partners share profits and losses as follows:
a The first $ is divided based on the partners' capital balances.
b The next $ is based on service, shared equally by Adler and Bennet. Montel does not receive a salary allowance.
c The remainder is divided equally.
Read the equirements.
Requirement Compute each partner's share of the $ riet income for the year. Complete all answer boxes. For amounts that are $ make sure to enter in the appropriate column.
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