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Required Information The following Information applies to the questions displayed below.] Turtle Creek Partnershlp had...

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Accounting

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Required Information The following Information applies to the questions displayed below.] Turtle Creek Partnershlp had the following revenues, expenses. galns, losses, and distributions: Part 1 ofz polnts Long-tem capital gains Cost of goods sold Depreciation-McRS Anortization of organization costs Guaranteed payments to partners for general anagenent Cash distributions to partners 2,100 $(16, 600) $ (4,000) $ (1,190) $(17,300) $ (3,300) eBook Print a. Glven these ltems, what Is Turtle Creek's ordlnary business Income (loss) for the year? ncome

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