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Balboa Partnership is owned by the following: 2 5 % by Ann 1 0 % by Bill ( Ann ' s son ) 1 0

Balboa Partnership is owned by the following: 25% by Ann 10% by Bill (Ann's son)10% by Charles (Ann's brother)25% by Dagwood (unrelated to Ann)30% by Acme Corporation (owned equally by Ann and Dagwood). How much of the partnership is Ann (directly and indirectly) treated as owning?

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