Question: Blake and Matthew are partners who agree that Blake will receive a $ 100,000 salary allowance and that any remaining income or loss will be

Blake and Matthew are partners who agree that Blake will receive a $ 100,000 salary allowance and that any remaining income or loss will be shared equally. If Matthew’s capital account is credited for $ 2,000 as his share of the net income in a given period, how much net income did the partnership earn in that period?

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