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Assume that Baker, Warner, and Rice form the BWR Partnership by making capital contributions of $200,000, $300,000, and $500,000, respectively. BWR predicts annual partnership net
Assume that Baker, Warner, and Rice form the BWR Partnership by making capital contributions of $200,000, $300,000, and $500,000, respectively. BWR predicts annual partnership net income of $450,000. The partners are considering various plans for sharing income and loss. Assign a different team member to compute how the projected $450,000 income would be shared under each of the following separate plans:
A) Shared equally.
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