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24. Th e E.N.D. partnership has the following capital balances as of the end of the current year Pineda Adams Fergie.. Gomez $230,000 190,000 160,000

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24. Th e E.N.D. partnership has the following capital balances as of the end of the current year Pineda Adams Fergie.. Gomez $230,000 190,000 160,000 140,000 Total capital $720,000 Answer each of the following independent questions: a. Assume that the partners share profits and losses 3.3:2:2, respectively. Fergie retires and is paid $190,000 based on the terms of the original partnership agreement. If the goodwill b. Assume that the partners share profits and losses 4:3:2:1, respectively. Pineda retires and is paid $280,000 based on the terms of the original partnership agreement. If the bonus O'Toale has existed for a number of years. At method is used, what is the capital balance of the remaining three partners? method is tused, what is the capital balance of the remaining three partners

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