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Partners T. Greer and R. Parks are provided salary allowances of $ 30,600 and $ 25,500, respectively. They divide the remainder of the partnership income
Partners T. Greer and R. Parks are provided salary allowances of $ 30,600 and $ 25,500, respectively. They divide the remainder of the partnership income in a ratio of 3:2. If partnership net income is $ 40,800, how much is allocated to Greer and Parks?
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