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At the beginning of 2 0 2 3 , Rami and Ali invested $ 2 0 0 , 0 0 0 and $ 3 0
At the beginning of Rami and Ali invested $ and $ cash in a partnership respectively. The partnership agreement provides that profits are to be allocated as follows:
Annual salaries of $ and $ are granted to Rami and All, respectively.
Ali is entitled to a bonus of of net income after salaries, bonus, and interest.
Each partmer is to receive an interest credit of on the original capital investment.
The remaining profits are allocated equally.
At the end of the year the net income before salaries, interest, and bonus of $
Instructions Allocate partuership profit.
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