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1. Lowery, Keegan, and Feeney have income ratios of 5:3:2 and capital balances of $34,000, $31,000, and $28,000, respectively. Noncash assets are sold at a gain. After creditors are paid, $109,000 of cash is available for distribution to the partners. How much cash should be paid to Keegan?
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What are the major factors that both constrain and influence a legislative body's budgetary deliberations? How do agencies attempt to influence a state legislature or Congress on behalf of their programs?
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