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Sadie and Sam share income equally. For the current year, the partnership net income is $40,000. Sadie made withdrawals of $14,000, and Sam made withdrawals
Sadie and Sam share income equally. For the current year, the partnership net income is $40,000. Sadie made withdrawals of $14,000, and Sam made withdrawals of $15,000. At the beginning of the year, the capital account balances were Sadie, capital, $42,000; Sam capital, $58,000. Sam's capital account balance at the end of the year is
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