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Helen, Annie, and Tammy formed a partnership with income-sharing ratios of 50%, 30%, and 20%, respectively. Cash of $292000 was available after the partnership's assets
Helen, Annie, and Tammy formed a partnership with income-sharing ratios of 50%, 30%, and 20%, respectively. Cash of $292000 was available after the partnership's assets were liquidated. Prior to the final distribution of cash, Helen's capital balance was $207000, Annie's capital balance was $153000, and Tammy had a capital deficiency of $68000. Assuming Tammy contributes cash to match her capital deficiency, Helen should receive cash of $127500. $164500. $173000. $207000
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