2018 Jan. 1 Beecher and Kismer agree to accept Heidi Nixon into the partnership with a $185,000 investment for 30 percent of the business. The partnership agreement is amended to provide for the following sharing of profits and losses Beecher Kismer Nixon S $ 125,000 $ 80,000 $ 95.000 Service Interest on capital balance before allocation of income 8% 8% 8% 2 5 3 Balance of ratio of Dec 31 The partnership's reported net income was $460,000 2019 Oct 10 Beecher withdrew 589.000 cash from the partnership and Kismer withdrew 561,000 (Nixon did not make any withdrawals) The partnership's reported net income was $275,000 Dec 31 2018 Jan. 1 Beecher and Kismer agree to accept Heidi Nixon into the partnership with a $185,000 investment for 30 percent of the business. The partnership agreement is amended to provide for the following sharing of profits and losses Beecher Kismer Nixon S $ 125,000 $ 80,000 $ 95.000 Service Interest on capital balance before allocation of income 8% 8% 8% 2 5 3 Balance of ratio of Dec 31 The partnership's reported net income was $460,000 2019 Oct 10 Beecher withdrew 589.000 cash from the partnership and Kismer withdrew 561,000 (Nixon did not make any withdrawals) The partnership's reported net income was $275,000 Dec 31