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Please solve it with exact answer, thanks Jack, Nancy, and Jose are partners who share profits 40%,20%, and 40%. Their capital balances were $617,000,$451,000, and
Please solve it with exact answer, thanks
Jack, Nancy, and Jose are partners who share profits 40%,20%, and 40%. Their capital balances were $617,000,$451,000, and $212,000, respectively, before Jose's retirement. Jose was paid $236,000 from partnership assets to buy his interest. Compute the capital balances of Jack and Nancy after Jose has withdrawn. Jack's capital balance $ Nancy's capital balance $Step by Step Solution
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