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Sandhill Company reported net income of $91,300. The partnership agreement provides for salaries of $23,000 to Miley and $16,100 to Guthrie. They divide the remainder
Sandhill Company reported net income of $91,300. The partnership agreement provides for salaries of $23,000 to Miley and $16,100 to Guthrie. They divide the remainder 32% to Miley and 68% to Guthrie. (a1) Calculate division of net income. Division of net income eTextbook and Media Miley A Guthrie
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