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Tom and Jerry are partners in the Wipeout Company. Their partnership income sharing agreement calls for Tom and Jerry to receive salary allowances of $24,000

Tom and Jerry are partners in the Wipeout Company. Their partnership income sharing agreement calls for Tom and Jerry to receive salary allowances of $24,000 and $18,500, respectively. Any remaining income or loss is to be divided equally. If the company's income was $96,500, Jerry's share would be?

$18,500

$18,000

$45,500

$36,500

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