estructiores Lane Svens to retre tam the sath of Sevens and Associates as of March 31, the end of the cent cal year After dosing the accounts, the capital balances of the partners are as follows Lane Sevens $145,240, Cher Ford $70.500 and LaMarcus Rotes 850,360 They have shared net income and net losses in the ratio of 322 The partners agree that the merchandise inventory should be increased by $10.000, and the allowance for dute aures should be increased by $1,520 Stevens agrees in accept a note for $100,000 partial selement of his ownership equity. The mainder of the chem is to be pad in cash Ford and Holes are to share equally in the net income or net kms of the new partnership