15. The net income of the Mark and Browning partnership is $444000. The partnership agreement specifies that Mark and Browning have a salary allowance of $114000 and $174000, respectively. The partnership agreement also specifies an interest allowance of 8% on capital balances at the beginning of the year. Each partner had a beginning capital balance of $290000. Any remaining net income or net loss is shared equally. What is the balance of Browning's Capital account at the end of the year after net income has been divided?

$467200

$487200

$522000

$542000

9. Edward, Bob, and Ciera are partners, sharing income 2:1:2. After selling all of the assets for cash, dividing gains and losses on realization, and paying liabilities, the balances in the capital accounts are as follows: Edward, $9300 Cr; Bob, $9300 Cr; and Ciera, $30500 Cr. How much cash should be distributed to Edward?

$5580

$9300

$16367

$18600

8. The Joseph and Rodin partnership agreement stipulates that profits and losses will be shared equally after salary allowances of $393000 for Joseph and $210000 for Rodin. At the beginning of the year, Josephs Capital account had a balance of $796000, while Rodins ' Capital account had a balance of $691000. Net income for the year was $490000. The balance of Rodins Capital account at the end of the year after closing is

$901000.

$844500.

$201000.

$957500.