Benson and Orton are partners who share income in the ratio of 1:3 and have capital balances of $70,000 and $30,000 respectively. They agree to bring Ramsey into the partnership by having Ramsey directly purchase half of Benson's capital for $25,000. What is Ramsey's capital balance upon admission into the partnership?

Paul and Roger are partners who share income in the ratio of 3:2. Their capital balances are $90,000 and $130,000 respectively. Income Summary has a credit balance of $50,000. What is Pauls capital balance after closing Income Summary to Capital?