Albert, Barry and Chum form a partnership on January 1, 2016 investing 24,000, 16,000 and 16,000 respectively; profits are to be shared in the ratio of 2:1:1 respectively. It is agreed that 6% (1/2 of 1% per month) is to be charged on withdrawals that decrease capitals below the original investments. On March 1, Albert withdraws 8,000. Business is unsatisfactory and it is decided to dissolve the partnership. Partnership assets realized 8,000 and the accountant distributes this cash to the pro