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Moore, Probst, and Tanski formed a partnership whose profit and loss agreement contained provisions summarized as follows: If the weighted-average capital is negative, interest at

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Moore, Probst, and Tanski formed a partnership whose profit and loss agreement contained provisions summarized as follows: If the weighted-average capital is negative, interest at 10% will be charged against the partner's profit allocation. All provisions of the profit and loss agreement should be satisfied should be allocated based on the profit and loss percentages and any resulting deficiency Assuming current year income of $168, 000, determine how the income should be allocated to the partners

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