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Sunland Company reported net income of $97,700. The partnership agreement provides for salaries of $24,400 to Miley and $16,400 to Guthrie. They divide the remainder

Sunland Company reported net income of $97,700. The partnership agreement provides for salaries of $24,400 to Miley and $16,400 to Guthrie. They divide the remainder 32% to Miley and 68% to Guthrie. (a1) Calculate division of net income

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