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Problem 15-14 (LO 15-3) A local dental partnership has been liquidated and the final capital balances are as follows: Atkinson, capital (40% of all profits
Problem 15-14 (LO 15-3) A local dental partnership has been liquidated and the final capital balances are as follows: Atkinson, capital (40% of all profits and losses) Kaporale, capital (30%) Dennsmore, capital (20%) Rasputin, capital (10%) ? 70,000 30,000 (42,000) (58,000) If Rasputin contributes additional cash of $20,000 to the partnership, what should happen to it? Determine how much of the additional cash should be distributed to each partner. (Do not round intermediate calculations.) Atkinson Kaporale DennsmoreRasputin Cash distribution
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