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On November 3 0 , capital balances are Charles $ 3 0 7 0 0 0 , Ellis $ 2 4 0 0 0 0

On November 30, capital balances are Charles $307000, Ellis $240000 and Gise $240000. The income ratios are 20%,20% and 60%,
respectively. Charles decides to retire from the partnership. In order for Ellis and Gise to have equal capital interests after the
retirement of Charles, how much partnership cash would have to be paid to Charles for her partnership interest?
$307000
Any amount paid to Charles will cause Ellis and Gise to still have equal capital balances
$0
$272889
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