Given below are account balances for the partnership of Simpson and Scott before the admission of a new partner, Lansing. Each case presents account balances of the partnership immediately after Lansing's admission. The cases are independent of each other.

Required
For each independent case, answer the following questions. Show supporting calculations.
a. What method of accounting was used to record the admission (bonus, goodwill, neither)?
b. How much did Lansing invest in the partnership?
c. What percentage of ownership does Lansing have in the new partnership?

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Balances after Lansing's Admission Balance Sheet Accounts Balances before Lansing's Admission Case1 Case 2 Case 3 Case 4 Case 5 Cash.. Other assets. Goodwill. $10,000 80,000 10,000 $ 10,000 $10,000 $20,000 10,000 $30,000 30,000 80,000 80,000 170,000 80,000 0,000 10,000 10,000 30,000 20,000 Capital Simpson . Capital-Scott Capital Lansing.... (30,000) (35,000) (35,000) (30,000) (30,000) 30,000 (80,000 (30,000) (42,500) (35,000) (30,000) (35,000) (40,000) (30,000) 35,000 (40,000) (35,000) (35,000) 20,0000,000 (20,000) (42,500)