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Ramer and Knox began a partnership by investing $60,000 and $90,000, respectively. 2. The partners agreed to share income and loss in proportion to their

Ramer and Knox began a partnership by investing $60,000 and $90,000, respectively.

2. The partners agreed to share income and loss in proportion to their initial investments. Net income is $160,000. (Do not round intermediate calculations.

Fraction to Allocate Ramer	Ramer's Share of Income	Fraction to Allocate Knox	Knox's Share of Income	Total Income Allocated

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