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Finnegan in Healey form a partnership contributing $35.000 and $105,000, respectively. Determine their shares of not come or net loss for each of the following

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Finnegan in Healey form a partnership contributing $35.000 and $105,000, respectively. Determine their shares of not come or net loss for each of the following independent situations (Usamus signor parentheses when entering losses) Click on the con to view the independent situations) Net Income (los) Healey Situato Finnegan Total More Info a. Net loss is $90,000 and the partners have no written partnership agreement. b. Net income is $110,000 and the partnership agreement states that the partners share profits and losses on the basis of their capital balances. c. Net income is $180,000. The first $108,000 is shared on the basis of capital balances. The next $54,000 is based on partner service, with Finnegan receiving 70% and Healey 30%. The remainder is shared equally. Print Done Finnegan in Healey form a partnership contributing $35.000 and $105,000, respectively. Determine their shares of not come or net loss for each of the following independent situations (Usamus signor parentheses when entering losses) Click on the con to view the independent situations) Net Income (los) Healey Situato Finnegan Total More Info a. Net loss is $90,000 and the partners have no written partnership agreement. b. Net income is $110,000 and the partnership agreement states that the partners share profits and losses on the basis of their capital balances. c. Net income is $180,000. The first $108,000 is shared on the basis of capital balances. The next $54,000 is based on partner service, with Finnegan receiving 70% and Healey 30%. The remainder is shared equally. Print Done

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