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Cox, North, and Lee form a partnership Cox contributes $210,000, North contributes $175,000, and Lee contributes $135,000. Their partnership agreement calls for the income or

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Cox, North, and Lee form a partnership Cox contributes $210,000, North contributes $175,000, and Lee contributes $135,000. Their partnership agreement calls for the income or loss division to be based on the ratio of capital invested. If the partnership reports income of $185,000 for its first year, what amount of income is to Cox's capital account

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