Purkerson, Smith, and Traynor have operated a bookstore for a number of years as a partnership. At the beginning of 2018, capital balances were as follows: Purkerson Smith Traynor $72,000 52,000 20,000 Due to a cash shortage, Purkerson invests an additional $12,000 in the business on April 1, 2018 Each partner is allowed to withdraw $900 cash each month The partners have used the same method of allocating profits and losses since the business's inception . Each partner is given the following compensation allowance for work done in the business: Purkerson, $15,000; Smith, $25,000; and Traynor, $8,000 . Each partner is credited with interest equal to 20 percent of the average monthly capital balance for the year without regard for normal drawings . Any remaining profit or loss is allocated 5:2:3 to Purkerson, Smith, and Traynor, respectively. The net income for 2018 is $30,000. Each partner withdraws the allotted amount each month. What are the ending capital balances for 2018? Ending Capital Balances Purkerson Smith Traynor Totals