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Soledad and Winston are partners who share income in the ratio of 1:3 and have capital balances of $51,000 and $75,000, respe

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Answer #1

Total loss = 60,500 - (51,000+75,000)

= 60,500 - 126,000

= 65,500

Loss allocated to Soledad = 65,500 * 1/4

= 16,375

Option D is the answer

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