Admitting New Partner Who Contributes Assets After the tangible assets have been adjusted to current market prices, the capital accounts of Brad Paulson and Drew Webster have balances of $115,000 and $173,000, respectively. Austin Neel is to be admitted to the partnership contributing 577,000 cash to the partnership for which he is to receive an ownership equity of $100,000. All partners share equally in income. Admitting New Partner with Bonus Cody Jenkins and Lacey Tanner formed a partnership to provide landscaping services. Jenkins and Tanner shared profits and losses equally. After all the tangible assets have been adjusted to current market prices, the capital accounts of Cody Jenkins and Lacey Tanner have balances of $42,000 and $55,000, respectively. Valeria Solano has expertise with using the computer to prepare landscape designs, cost estimates, and renderings Jenkins and Tanner deem these skills useful; thus, Solano is admitted to the partnership at a 30% Interest for a purchase price of $26,000 Admitting New Partner Who Contributes Assets After the tangible assets have been adjusted to current market prices, the capital accounts of Brad Paulson and Drew Webster have balances of $115,000 and $173,000, respectively. Austin Neel is to be admitted to the partnership contributing 577,000 cash to the partnership for which he is to receive an ownership equity of $100,000. All partners share equally in income. Admitting New Partner with Bonus Cody Jenkins and Lacey Tanner formed a partnership to provide landscaping services. Jenkins and Tanner shared profits and losses equally. After all the tangible assets have been adjusted to current market prices, the capital accounts of Cody Jenkins and Lacey Tanner have balances of $42,000 and $55,000, respectively. Valeria Solano has expertise with using the computer to prepare landscape designs, cost estimates, and renderings Jenkins and Tanner deem these skills useful; thus, Solano is admitted to the partnership at a 30% Interest for a purchase price of $26,000