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QUESTION 8 Jackson and Campbell have capital balances of $100,000 and $300,000 , respectively. Jackson devotes full time and Can time to the business. Determine

QUESTION 8\ Jackson and Campbell have capital balances of

$100,000

and

$300,000

, respectively. Jackson devotes full time and Can time to the business. Determine the division of

$150,000

of net income when there is no reference to division in the par\ a.

$75,000

and

$75,000

\ b.

$37,500

and

$112,500

\ c.

$112,500

and

$37,500

\ d.

$100,000

and

$50,000
image text in transcribed
Jackson and Campbell have capital balances of $100,000 and $300,000, respectively. Jackson devotes full time and Ca time to the business. Determine the division of $150,000 of net income when there is no reference to division in the pa a. $75,000 and $75,000 b. $37.500 and $112.500 c. $112,500 and $37,500 d. $100,000 and $50,000

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