In the LMK partnership, Luis??s capital is $40,900, Marty??s is $51,900, and Karl??s is $30,500. They share income in a 4:1:1 ratio, respectively. Karl is

In the LMK partnership, Luisâ??s capital is $40,900, Martyâ??s is $51,900, and Karlâ??s is $30,500. They share income in a 4:1:1 ratio, respectively. Karl is retiring from the partnership. 1 answer