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The DEF partnership reported net income of $130,000 for the year ended December 31, 20x8 According to the partnership agreement partnership profits and losses are

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The DEF partnership reported net income of $130,000 for the year ended December 31, 20x8 According to the partnership agreement partnership profits and losses are to be distributed follows: D E Salaries $25,000 $20,000 $15,000 Bonus on net income 10% Remainder 6096 30% 10% How should partnership net income for 20X8 be allocated to D, E, and F? F A) B) D $78,000 $72,200 $52,500 $42,500 E $39,000 $37.100 $75,000 $42,500 $13,000 $20.700 $22,500 $65,000 C) D) O Option B O Option O Option A O Option D

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