Problem 15-14

A local dental partnership has been liquidated and the final capital balances are as follows:

Atkinson, capital (40% of all profits and losses)	$ 68,000
Kaporale, capital (30%)	28,000
Dennsmore, capital (20%)	(50,000	)
Rasputin, capital (10%)	(46,000	)

If Rasputin contributes additional cash of $26,000 to the partnership, what should happen to it?

Atkinson Koporale Dennsmore Rasputin

Cash Distribution for