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View Policies Current Attempt in Progress The Hunter and Luke partnership reports net income of $54,200. Partner salary allowances are Hunter $19,600 and Luke $11,000.
View Policies Current Attempt in Progress The Hunter and Luke partnership reports net income of $54,200. Partner salary allowances are Hunter $19,600 and Luke $11,000. Any remaining income is shared 60:40. Determine the amount of net income allocated to each partner. Division of Net Income Hunter Luke Total Salary allowance $ $ Remaining income Total division $ $ e Textbook and Media
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