B,O and W were in partnership sharing profit and losses in the ratio of 5:3:2 respectively. The Partnership's Statement of Financial Position at 31 March 204 was as follows: Statement of Financial Position as at 1 April 204 RM At the date of the above Statement of Financial Position B decided to leave the partnership and O&W agreed to continue and sharing profit in the ratio of 2:1 respectively. Before B left the partnership it was agreed between the 3 partners. that the following adjustments should be made to the draft Statement of Financial Position. i. Value of freehold building should be increased to RM61,000 and the value of office furniture \& equipment should be reduced to RM14,000. ii. A reduction of RM3,000 should be made in the value of stock and the provision for doubtful debts should be increased by RM1,500. iii. Both bank \& creditors should be reduced to allow for settlement of RM10,000 with the main supplies upon which the partnership had received discount of 5%. Although this payment was made on 30 March 204 it was not entered in the books until 1 April 204. It was also agreed that B would take a motor vehicle at its book value of RM3,000 and office furniture \& equipment at its revalued amount of RM5,000. Total goodwill was valued at RM100,000 and of this it was agreed that RM25,000 would be taken over by B through the transfer to him personally of certain partnership customers. O \& W agreed that goodwill would not appear as an asset in the books of the new partnership. iv. The continuing partners were unable to pay the amount owing to B immediately, so it was agreed that this would be transferred to his loan account. Required: a. Prepare the revaluation account of the partnership. b. Prepare the partners' capital accounts in columnar form. c. Show the opening Statement of Financial Position of the new Partnership