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At year-end, the Circle City partnership has the following capital balances: Profits and losses are split on a 3:3:2:2 basis, respectively. Clark decides to leave

At year-end, the Circle City partnership has the following capital balances: Profits and losses are split on a 3:3:2:2 basis, respectively. Clark decides to leave the partnership and is paid $102,000 from the business based on the original contractual agreement. Multiple Choice $158,000 $143,600 $152,000 $149,000

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