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Calculate the share of dolly net income

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Problem 1: Samantha and Dolly allocate 3/4 of their partnership's profits and losses to Samantha and 1/4 to Dolly. If the net income of the firm is $86,000, calculate the share of Dolly's net income.

Option 1: $64,500
Option 2: $21,500
Option 3: $43,000
Option 4: Cannot determine from information given

Reference no: EM132954479

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