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PFW Co. reports net income of $51, 800. Partner salary allowances are Pitts $11, 910, Filbert $6, 080, and Witten $7, 900. Indicate the division
PFW Co. reports net income of $51, 800. Partner salary allowances are Pitts $11, 910, Filbert $6, 080, and Witten $7, 900. Indicate the division of net income to each partner, assuming the income ratio is 60: 30: 10, respectively
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