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Emerson and Dakota formed a partnership dividing income as follows: Annual salary allowance to Emerson of $ 3 8 , 0 0 0 Interest of

Emerson and Dakota formed a partnership dividing income as follows:
Annual salary allowance to Emerson of $38,000
Interest of 10% on each partner's capital balance on January 1
Any remaining net income divided equally
Emerson and Dakota had $31,200 and $136,800, respectively, in their January 1 capital balances. Net income for the year was $210,800.
How much net income should be distributed to Dakota?
fill in the blank 1 of 1
$

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