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Bingham and Ecuyer sell 1/4 of their partnership interest to Ivesreceiving $600,000 each.At the time of admission, Bingham and Ecuyer each had a $1,050,000 capital

Bingham and Ecuyer sell 1/4 of their partnership interest to Ivesreceiving $600,000 each.At the time of admission, Bingham and Ecuyer each had a $1,050,000 capital balance. Theadmission of Ives will cause the net partnership assets to

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