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III (Click on the icon to viow the balance sheet) One's share of profits and lasses is 60% and Two receives 40% Read the ropuizesents.

III (Click on the icon to viow the balance sheet) One's share of profits and lasses is 60% and Two receives 40% Read the ropuizesents. Requirement 1, Suppose Three pays Two \$36,000 to buy out Two. One approves Three as a partnet

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