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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)

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

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