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The following condensed balance sheet is for the partnership of Hardwick, Saunders, and Ferrls, who share profits and losses in the ratio of 4 :

The following condensed balance sheet is for the partnership of Hardwick, Saunders, and Ferrls, who share profits and losses in the ratio of 4:3:3, respectively:
\table[[Cash,$81,000,Accounts payable,$256,000
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