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Jimmy and John formed a partnership with Jemima who contributed $80,000, John who contributed $50,000, and Jimmy who contributed $70,000. Their partnership agreement called

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Jimmy and John formed a partnership with Jemima who contributed $80,000, John who contributed $50,000, and Jimmy who contributed $70,000. Their partnership agreement called for the earnings division to be based on the ratio of capital investments. If the partnership had a profit of $500,000 for its first year of operation, how much would be credited to Jemima's capital account? $125,000 $200,000 $175,000 $307,692

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