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QUESTION
B. Zlohn and T. Short decide to form a partnership on october 1, 2017. Zlonh invests land with a fair value of $126000 but it has a mortgage of $48000. Short invests $58000 cash.
B. Zlohn and T. Short decide to form a partnership on october 1, 2017. Zlonh invests land with a fair value of $126000 but it has a mortgage of $48000. Short invests $58000 cash.
