Question: During the current year, Marsha Engles withdrew $4,000 monthly from the partnership of Engles and Cox Water Management Consultants. Is it possible that her share

During the current year, Marsha Engles withdrew $4,000 monthly from the of Engles and Cox Water Management Consultants. Is it possible that her share of net income for the current year might be more or less than $48,000? Explain.

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