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provide steps how to solve it! ty 8. Prof H, LLC had beginning capital of $257,000, net income for the current period of $51,000, member
provide steps how to solve it! ty
8. Prof H, LLC had beginning capital of $257,000, net income for the current period of $51,000, member distributions of $40,000 (for personal use only and made an additional investment Ca contribution into the company of $6,000. Prof H, LLC also used cash of S6,000 to pay-down some old outstanding trade payable. Prof H, LLC's total ending member's capital account is: A. $223,000. B. $240,000. C. $268,000. D. $274,000. E. $208,000Step by Step Solution
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