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Daria and Farrah began a partnership by investing $64,000 and $58,000, respectively. Assume that the partners agreed to share net income and loss by granting
Daria and Farrah began a partnership by investing $64,000 and $58,000, respectively. Assume that the partners agreed to share net income and loss by granting annual salary allowances of $52,000 to Daria and $42,000 to Farrah, 8% interest allowances on their investments, and any remaining balance shared equally
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