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#/question/ in NYCODE Sandbox in Progress McGill and Smyth have capital balances on January 1 of $57,000 and $47.000, respectively. The partnership income sharing agreement

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#/question/ in NYCODE Sandbox in Progress McGill and Smyth have capital balances on January 1 of $57,000 and $47.000, respectively. The partnership income sharing agreement provides for (1) annual salaries of $16,000 for McGill and $13,000 for Smyth, (2) interest at 10% on beginning capital balances, and (3) remaining income or loss to be shared 60% by McGill and 40% by Smyth (a) -/15 1) epare a sche #/question/ in NYCODE Sandbox in Progress McGill and Smyth have capital balances on January 1 of $57,000 and $47.000, respectively. The partnership income sharing agreement provides for (1) annual salaries of $16,000 for McGill and $13,000 for Smyth, (2) interest at 10% on beginning capital balances, and (3) remaining income or loss to be shared 60% by McGill and 40% by Smyth (a) -/15 1) epare a sche

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