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Following is the current balance sheet for a local partnership of doctors: Cash and current assets $ 85,000 Liabilities $ 84,000 Land 244,000 A, capital

Following is the current balance sheet for a local partnership of doctors:

Cash and current assets $ 85,000

Liabilities $ 84,000

Land 244,000

A, capital 64,000

Building and equipment (net) 201,000

B, capital 84,000

C, capital 134,000

D, capital 164,000

- E contributes $120,000 in cash to the business to receive a 20 percent interest in the partnership. Goodwill is to be recorded. Profits and losses have previously been split according to the following percentages: A, 30 percent; B, 10 percent; C, 40 percent; and D, 20 percent. After E makes this investment, what are the individual capital balances?

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