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Roberto and Reagan are both 2 5 - percent owner or managers for Bright Light Incorporated. Roberto runs the retail store in Sacramento, California, and
Roberto and Reagan are both percent owner or managers for Bright Light Incorporated. Roberto runs the retail store in Sacramento, California, and Reagan runs the retail store in San Francisco, California. Bright Light generated a $ profit companywide made up of a $ profit from the Sacramento store, a $ loss from the San Francisco store, and a combined $ profit from the remaining stores. If Bright Light is taxed as a partnership and it is decided that both Roberto and Reagan will be allocated percent of his own store's profit, with the remaining profits allocated pro rata among all the owners, how much income will be allocated to Reagan in total?
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