Following is the current balance sheet for a local partnership of doctors:
	Cash	805,000	Liabilities	910,000
	Accounts Receivable	297,500	Ross, Capital	595,000
	Inventory	507,500	Candace, Capital	665,000
	Land	612,500	George, Capital	315,000
	Buildings, net	1,102,500	Leia, Capital	840,000
	Total	3,325,000	Total	3,325,000
	The following questions represent independent situations:
a)	Nicole is going to invest enough money in this partnership to receive a 25% interest. No goodwill or bonus is to be recorded. How much should Nicole invest?
b)	Nicole contributes $325,000 cash for a 10% interest in the partnership. Goodwill is to be recorded. Profits and losses were split according to the following percentages: Ross, 30%; Candace, 10%; George, 40%; and Leia, 20%. After Nicole makes her investment, what are the individual capital balances?
c)	Nicole contributes $750,000 cash for a 20% interest in the partnership. The bonus method iwill be used. Profits and losses were split according to the following percentages: Ross, 10%; Candace, 30%; George, 20%; and Leia, 40%. After Nicole makes this investment, what are the individual capital balances?