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Please please please please make sure when you send your answer that the screenshot of the answer is fit to scream. I've struggled with this
Please please please please make sure when you send your answer that the screenshot of the answer is fit to scream. I've struggled with this a lot on Chegg and the answer has been cut off when I receive the work in explanation. Please make sure that your answer is small enough so I can see it on my screen and that is not too large for my screen or cut off. Thank you so much please
Dividing Partnership Net Income Required: Steve Queen and Chelsy Stevens formed a partnership, dividing income as follows: 1. Annual salary allowance to Queen of $123,750. 2. Interest of 5% on each partner's capital balance on January 1. 3. Any remaining net income divided to Queen and Stevens, 1:2. Queen and Stevens had $93,000 and $93,000, respectively, in their January 1 capital balances. Net income for the year was $225,000. How much is distributed to Queen and Stevens? Note: Compute partnership share. Queen: $ Stevens: $Step by Step Solution
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