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Andre, Beau, and Caroline share profits and losses of their partnership in a 4:2:7 ratio respectively. If the net income is $1,200,000 , calculate Caroline's
Andre, Beau, and Caroline share profits and losses of their partnership in a 4:2:7 ratio respectively. If the net income is $1,200,000 , calculate Caroline's share of the profits. (Round your answer to the nearest dollar.)
A.
$646,154
B.
$161,538
C.
$92,308
D.
$ 369,231
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