Partnerships (Appendix)

Sports Central is a sporting goods store owned by Lewis, Jamal, and Lapin in partnership. On January 1, 2008, their capital balances were as follows:

During 2008, Lewis withdrew $5,000; Jamal, $12,000; and Lapin, $9,000. Income for the partnership for 2008 was $50,000.
Required If the partners agreed to allocate income equally, what was the ending balance in each of their capital accounts on December 31, 2008?

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Lewis, Capital Jamal, Capital Lapin, Capital $20,000 50,000 30,000