Beginning capitals sue- 45000 tim- 30000 eileen-25000net

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Beginning Capitals: Sue- $45,000 , Tim- $30,000, Eileen-$25,000,Net income is $22,000; each partner is allowed interest of 10% onbeginning capital balances; Heinz is given a $15,000 salaryallowance; and the remainder is shared equally.

Reference no: EM13611336

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