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Emerson and Dakota formed a partnership dividing income as follows: Annual salary allowance to Emerson of $ 4 1 , 6 0 0 Interest of
Emerson and Dakota formed a partnership dividing income as follows:
Annual salary allowance to Emerson of $
Interest of on each partner's capital balance on January
Any remaining net income divided equally.
Emerson and Dakota had $ and $ respectively, in their January capital balances. Net income for the year was $
How much net income should be distributed to Dakota?
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