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Debra and Glen are partners who agree that Debra will receive a $101,000 salary allowance after which remaining profits or losses will be shared equally
Debra and Glen are partners who agree that Debra will receive a $101,000 salary allowance after which remaining profits or losses will be shared equally in their flower shop. If Glens capital account is credited $9,000 as his share of the profit (loss) in a given period, how much profit (loss) did the partnership earn? (Leave no cell blank. Enter "0" when the answer is zero.)
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