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Question 10 The net income of the Crowe and Browning partnership is $459000. The partnership agreement specifies that Crowe and Browning have a salary allowance
Question 10 The net income of the Crowe and Browning partnership is $459000. The partnership agreement specifies that Crowe and Browning have a salary allowance of $113000 and $180000, respectively The partnership agreement also specifies an interest allowance of 8% on capital balances at the beginning of the year. Each partner had a beginning capital balance of 5297000. Any remaining met Income or net loss is shared equally What is Crowe's share of the $459000 net income? O $142240 $136760 $172240 $190000 Click if you would like to show warfar thieutin Minh
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