{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T02:04:05-04:00", "answer_date": "2024-06-29 02:04:05", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4444929", "url": "\/study-help\/questions\/answer-in-type-written-please-thank-you-question-e-in-4444929", "question_creation_date_js": "2024-06-29T02:04:05-04:00", "question_creation_date": "Jun 29, 2024 02:04 AM", "meta_title": "[Solved] Answer in type written please. Thank you | SolutionInn", "meta_description": "Answer of - Answer in type written please. Thank you Question E In March of Year 1, Sally Rogers and Peter Dean began a business p | SolutionInn", "meta_keywords": "answer,type,written,thank,question,march,year,1,sally,rogers,peter,dean", "question_title_h1": "Answer in type written please. Thank you Question E In March of Year 1, Sally Rogers and Peter Dean began a business partnership. Each contributes", "question_title": "Answer in type written please. Thank you Question E In March of", "question_title_for_js_snippet": "Answer in type written please Thank you Question E In March of Year 1, Sally Rogers and Peter Dean began a business partnership Each contributes cash of $75,000 and agrees to share income and losses equally The following information is provided for the first scal year of the partnership a) The partnership net income of $328,000 consisted of the following sources of income Business income $300,000 Eligible dividends 20,000 Taxable capital gains 10,000 Allowable capital losses (2,000) $328,000 b) In addition, the partnership received a tax free capital dividend of 812,000 and donated $3,000 to registered charities c) Each partnertakes draws totaling $60,000 Determine the adjusted cost base for the partnership interest of each of the partners at January 1, Year 2", "question_description": "

Answer in type written please. Thank you <\/p>

\"image<\/div><\/div><\/div> Question E In March of Year 1, Sally Rogers and Peter Dean began a business partnership. Each contributes cash of $75,000 and agrees to share income and losses equally. The following information is provided for the first scal year of the partnership. a) The partnership net income of $328,000 consisted of the following sources of income: Business income $300,000 Eligible dividends 20,000 Taxable capital gains 10,000 Allowable capital losses (2,000) $328,000 b) In addition, the partnership received a tax free capital dividend of 812,000 and donated $3,000 to registered charities. c) Each partnertakes draws totaling $60,000. Determine the adjusted cost base for the partnership interest of each of the partners at January 1, Year 2", "transcribed_text": "", "related_book": { "title": "Principles Of Finance", "isbn": "979-8439388899", "edition": "1st Edition", "authors": "Julie Dahlquist, Rainford Knight", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/6290aa2348f9a_11251.jpg", "uri": "\/textbooks\/principles-of-finance-1st-edition-9798439388899", "see_more_uri": "" }, "free_related_book": { "isbn": "0750651121", "uri": "\/textbooks\/the-multibody-systems-approach-to-vehicle-dynamics-1st-edition-9780750651127-9780080473529", "name": "The Multibody Systems Approach To Vehicle Dynamics", "edition": "1st Edition" }, "question_posted": "2024-06-29 02:04:05", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/two-parallel-members-abc-and-def-are-placed-between-two", "description": "Two parallel members ABC and DEF are placed between two walls and are connected by link BE. 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