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Required information The following information applies to the questions displayed below! Ramer and Knox began a partnership by investing $72,000 and $108,000, respectively. 2. The

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Required information The following information applies to the questions displayed below! Ramer and Knox began a partnership by investing $72,000 and $108,000, respectively. 2. The partners agreed to share income and loss in proportion to their initial investments. Net Income is $215,000. (Do not round intermediate calculations.) Fraction to Allocate Ramer Ramer's Share Fraction to Allocate Knox's Share of of income Knox Income Total Income Allocated

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