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Ali had a $50,000 capital balance for eight months and a $65,000 balance for four months. Barry had a $38,000 capital balance for five months
Ali had a $50,000 capital balance for eight months and a $65,000 balance for four months. Barry had a $38,000 capital balance for five months and a $50,000 balance for seven months. If the net income of the year is $80,000, how much income will be distributed to each partner using the average capital account balance ratio is:
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