Following is the current balance sheet for a local partnership of doctors: Cash and current assets $ 37,000 Liabilities $ 44,000

Land 152,000 A, capital 24,000

Building and equipment (net) 141,000 B, capital 44,000

C, capital 94,000

D, capital 124,000

Totals $330,000 Totals $330,000 The following questions represent independent situations: 1. E is added to the partnership after contributing $ 25,000 to the business. No goodwill or bonus is recorded. After E makes this investment, what are the individual capital balances? 2. E contributes $36,000 in cash to the business to receive a 10 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? 3. E is added to the partnership and receives 20% of each partner's interest in the business after making a personal payment of $15,000 directly to each partner. The four original partners share all profits and losses equally. After E makes this investment, what are the individual capital balances? 4. E contributes $42,000 in cash to the business to receive a 20 percent interest in the partnership. No goodwill or other asset revaluation is to be recorded. Profits and losses have previously been split according to the following percentages: A, 10 percent; B, 30 percent; C, 20 percent; and D, 40 percent. After E makes this investment, what are the individual capital balances? 5. C retires from the partnership and, as per the original partnership agreement, is to receive cash equal to 130 percent of her final capital balance. No goodwill or other asset revaluation is to be recognized. All partners share profits and losses equally. After the withdrawal, what are the individual capital balances of the remaining partners