Tbe Velvet partinerhip has the following cupital balances at the beginning of the curreat year...
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Tbe Velvet partinerhip has the following cupital balances at the beginning of the curreat year asong with reanective erofit and loss oersentanes Peterson imects 570,000 in cach is the bueness for a 20 petcent inteteat. Assume the bonus method is used, what is Michinel's capital baltice after Peterson is new imiearnent? 560,000 553,000 554,000 $27,000
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