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Posted on Jun 08, 2024

Peter, Roberts, and Dana have the following capital balances; $ 8 0 , 0 0 0 , $ 1 0 0 , 0 0 0

Peter, Roberts, and Dana have the following capital balances; $

80, 000,

100, 000

and $

60, 000,

respectively.The partners share profits and losses

20 %, 40 %,

and

40 %

respectively.

What is the total partnership capital after Roberts retires receiving $

160, 000

and using the goodwill method?

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