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Suppose a 7 member band has a $49,000 contract with a record label to play...

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Accounting

Suppose a 7 member band has a $49,000 contract with a record label to play a gig at the Festival of Lights event. This band has a manager that receives 16.5% of their earnings for his services. This amount must be paid from the $49,000 earnings from the gig

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