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Christie and Jergens formed a partnership with capital contributions of $ 2 7 0 , 0 0 0 and $ 3 7 0 , 0
Christie and Jergens formed a partnership with capital contributions of $ and $ respectively. Their partnership agreement calls for Christie to receive a $ per year salary allowance. Also, each partner is to receive an interest allowance equal to of the partner's beginning capital investments. The remaining income or loss is to be divided equally. If the net income for the current year is $ then Christie and Jergens's respective shares of income are:
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