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FRANCO AND JASON SHARE INCOME AND LOSSES IN A 2:1 RATIO AFTER ALLOWING FOR SALARIES TO FRANCO OF $15,000 AND $30,000 TO JASON. – BUSINESS & FINANCE

Franco and Jason share income and losses in a 2:1 ratio after allowing for salaries to Franco of $15,000 and $30,000 to Jason. If the partnership suffers a $15,000 loss, by how much would Jason’s capital account increase?1. $20,0002. $10,0003. $40,000 4. $25,000Tomas...