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Farmer and Taylor formed a partnership with capital contributions of $ 3 0 0 , 0 0 0 and $ 3 5 0 , 0

Farmer and Taylor formed a partnership with capital contributions of $300,000 and $350,000, respectively. Their partnership agreement calls for Farmer to receive a $90,000 per year salary allowance. The remaining income or loss is to be divided equally. If the net income for the current year is $255,000, then Farmer and Taylor's respective shares of income are:
$127,500;$127,500.
$176,140;$46,360.
$210,000;$45,000.
$170,000;$85,000.
$172,500;$82,500.
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