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Unformatted text preview: Plan A -partners failes to agree on a method of sharing profits Plan B - in the ratio of initial investment Newton - initial investment $52,000 Scampi - initial investment $78,000 Plan C - salary to Newton and Scampi, interest on their initial investments, balance equally Proposed salary to Newton $85,000 Proposed salary to Scampi $65,000 Proposed interest rate 10% Recorded income: $180,000...
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