Alert Medical, LLC, consists of two doctors, Abrams and Lipscomb, who share in all income and losses according to a 2:3 income sharing ratio. Dr. Lin has been asked to join the LLC. Prior to admitting Lin, the assists of Alert medical were revalued to reflect their current market values. The revaluation resulted in medical equipment being increased by $28,000. Prior to the revaluation, the equity balances for Abrams and Lipscomb were $269,000 and 308,000.