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Divide the profit using the following information. Partners Method Investment $50,000 $20.000 Profit $25.000 2 12% return to Partner 1; balance in ratio 7:3 Partner

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Divide the profit using the following information. Partners Method Investment $50,000 $20.000 Profit $25.000 2 12% return to Partner 1; balance in ratio 7:3 Partner 1 receives a profit of $(Round to the nearest dollar as needed.)

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