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Following are the capital account balances and profit and loss percentages ( indicated parenthetically ) for the Alden, Boyd, and Carmel partnership: Del Mar invests

Following are the capital account balances and profit and loss percentages (indicated parenthetically) for the Alden, Boyd, and Carmel
partnership:
Del Mar invests $270,000 in cash for a 30 percent ownership interest. The money goes to the original partners. Goodwill is to be
recorded.
Required:
a. Compute the amount of goodwill to be recorded upon Del Mar's investment.
b. Del Mar's beginning capital balance.
Compute the amount of goodwill to be recorded upon Del Mar's investment.
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