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cmg K Eagle and Hagar have partner capital balances of $209,000 and $171,000, respectively Eagle receives 60% of profits and losses, and Hagar receives

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cmg K Eagle and Hagar have partner capital balances of $209,000 and $171,000, respectively Eagle receives 60% of profits and losses, and Hagar receives 40% Assume Parker contributes $95.000 to acquire a 25% interest in the new partnership of Eagle, Hagar and Parker: Requirements 1. Calculate Parker's capital in the new partnership 2. Journalize the partnership's receipt of cash from Parker Requirement 1. Calculate Parker's capital in the new partnership. Partnership capital before admission of new partner Contribution of new partner Partnership capital after admission of new partner Capital of new parthe Bonus to 4 Time Remaining: 00.33431 tHandlesincale Next

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