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Business, 09.09.2019 20:10 reneebrown017

Shue, a partner in the financial brokers partnership, has a 30 percent share in partnership profits and losses. shue's capital account had a net decrease of $100,000 during 20x8. during 20x8, shue withdrew $240,000 as withdrawals and contributed equipment valued at $50,000 to the partnership. what was the net income of the financial brokers partnership for 20x8?
a. $633,334
b. $466,666
c. $300,000
d. $190,000

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