Xavier and Yolanda have original investments of $50 000 and $100 000 respectively in a...
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Accounting
Xavier and Yolanda have original investments of $50 000 and $100 000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 10% salary allowances of $27, 000 and $18, 000 respectively and the remainder equally.
How much of the net loss of $6,000 is allocated to Yolanda?
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