Partnership Admissions and Withdrawals: Goodwill Method The All Directions Partnership, consisting of partners North and East, was formed on December 31, Year 2. On February 1, Year 3, new partner South was accepted into the partnership. Refer to the partnership documents provided under the Exhibits tab to complete the following schedules. Click in each indicated cell and enter the appropriate amount; round all numbers to the nearest whole dollar. Negative numbers, if any, should be entered with a "-" sign. If the amount is $0, you must enter "0" in the cell to receive credit. Part 1: Compute the revised partnership balances after the admission of the new partner, South, for each scenario listed below: . Scenario #1: South invests $330,000 for a 1/3 ownership interest. Scenario #2: South invests $270,000 for a 1/3 ownership interest. North Scenario #1 Scenario #2 Total 0 0 East South

Partnership Admissions and Withdrawals: Goodwill Method The All Directions Partnership, consisting of partners North and East, was formed on December 31, Year 2. On February 1, Year 3, new partner South was accepted into the partnership. Refer to the partnership documents provided under the Exhibits tab to complete the following schedules. Click in each indicated cell and enter the appropriate amount; round all numbers to the nearest whole dollar. Negative numbers, if any, should be entered with a " " sign. If the amount is $0, you must enter " 0 " in the cell to receive credit. Part 1: Compute the revised partnership balances after the admission of the new partner, South, for each scenario listed below: - Scenario "n1: South invests $330,000 for a 1/3 ownership interest. - Scenario \#2: South invests $270,000 for a 1/3 ownership interest