A partnership begins its first year with the following capital balances. Alexander, Capital Bertrand, Capital Coloma, Capital $ 46,000 56,000 66,000 The articles of partnership stipulate that profits and losses be assigned in the following manner . Each partner is allocated interest equal to 8 percent of the beginning capital balance. Bertrand is allocated compensation of $14.000 per year. Any remaining profits and losses are allocated on a 3 34 basis, respectively Each partner is allowed to withdraw up to $3,000 cash per year Assuming that the net income is $56,000 and that each partner withdraws the maximum amount allowed, what is the balance in Coloma's capital account at the end of the year? At year-end, the Circle City partnership has the following capital balances: Manning, Capital Gonzalez, Capital Clark, Capital Freeney, Capital $200,000 180,000 158,000 140,000 Profits and losses are split on a 3.3.2.2 basis, respectively. Clark decides to leave the partnership and is paid $158,000 from the business based on the original contractual agreement The payment made to Clark beyond his capital account was for Clark's share of previously unrecognized goodwill. After recognizing partnership goodwill. What is Manning's capital balance after Clark withdraws