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Flag question Rick & Morty conduct business as partners operating a toy store. Their partnership agreement specifies that all profits and losses are to be

Flag question Rick & Morty conduct business as partners operating a toy store. Their partnership agreement specifies that all profits and losses are to be distributed equally after partners salaries. During the 2023 income, the business calculated the following results: Accounting profit (after partner salaries) $50,000 Salary paid to Rick $60,000 Salary paid to Morty $20,000.


Calculate Morty's share of partnership net income for the 2023 income year.

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