Question has 4 parts...

151. Caitlin, Chris, and Molly are partners and share income and losses in a 3:4:3 ratio. The partnerships capital balances are Caitlin, $139,000; Chris, $99,000; and Molly, $119,000. Paul is admitted to the partnership on July 1 with a 20% equity and invests $79,000. The balance in Caitlins capital account immediately after Pauls admission is:

151B. Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $151,000. The machine's useful life is estimated to be 4 years, or 130,000 units of product, with a $2,000 salvage value. During its second year, the machine produces 26,000 units of product. Determine the machines' second year depreciation under the straight-line method.

151 C. Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $58,000, and Martin's capital balance $55,000. Hewlett and Martin have agreed to share equally in income or loss. Hewlett and Martin agree to accept Black with a 25% interest. Black will invest $29,000 in the partnership. The bonus that is granted to Black equals:

151 D. Barber and Atkins are partners in an accounting firm and share net income and loss equally. Barber's beginning partnership capital balance for the current year is $368,000, and Atkins' beginning partnership capital balance for the current year is $371,000. The partnership had net income of $381,000 for the year. Barber withdrew $62,000 during the year and Atkins withdrew $107,000. What is Barber's ending equity?