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Beckett invested $15,000 in a new partnership along with 2 friends. She withdrew $4,000 during the year. The partners share profit and loss equally. The
Beckett invested $15,000 in a new partnership along with 2 friends. She withdrew $4,000 during the year. The partners share profit and loss equally. The firm lost $9,000 in its first year. Becketts capital balance once the books are closed is
$16,000.
$12,000.
$14,000.
$8,000.
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