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Gary,Peter and Chris own a firm as partners.Gary has a capital balance of $21,000;Peter a capital balance of $38,000;and Chris has a capital balance of $33,000.As per the partnership agreement,Gary gets a profit share of 2/9;Peter has 4/9;and Chris has 3/9.Which of the following is true,if Gary withdraws from the partnership by receiving $21,000?
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