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Question 1 1 pts Chris, Pat, and Adam are the partners in a CPA firm. The partnership capital accounts have the following balances: Chris, capital:
Question 1 1 pts Chris, Pat, and Adam are the partners in a CPA firm. The partnership capital accounts have the following balances: Chris, capital: $5,000; Pat, capital: $3,000; Adam, capital $4,000. Taylor purchases a 1/4 share in the partnership at book value. What amount must Taylor contribute? $2,000 $4,000 $5,000 $3,000
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