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Question 4 of 16 Question 4 6.25 points The partnership agreement of Brandon, Steve, and Dillon calls for the division of profits and losses as

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Question 4 of 16 Question 4 6.25 points The partnership agreement of Brandon, Steve, and Dillon calls for the division of profits and losses as follows: First, Brandon and Steve are to receive salaries of $100,000 and $80,000, respectively. Next, interest of 15% is to be allowed on each partner's average capital investment. Any remaining profit or loss is shared in a ratio of 4:3:3, respectively. Average capital investments for the current year were Brandon $100,000 Steve 200,000 Dillon 200,000 If partnership income is $300,000, Dillon's share of partnership profits should be A) $90,000 B) $67,500 C) $36,000 D) $43,500

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