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Required information The ABCD Partnership has the following balance sheet at January 1, 2017, prior to the admission of new partner, Eden Cash and current

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Required information The ABCD Partnership has the following balance sheet at January 1, 2017, prior to the admission of new partner, Eden Cash and current assets Land Building and equipment $ 39,000 Liabilities $ 52,000 26,000 52,000 117,000 156,000 $ 403,000 234,000 Adams, capital 130,000 Barnes, capital Cordas, capital Davis, capital Total $ 403,000 Total Eden acquired a 20% interest in the partnership by contributing a total of $71,500 directly to the other four partners. No goodwill is to be recorded. Profits and losses have previously been split according to the following percentages: Adams, 1596, Barnes, 35%, Cordas, 30%, and Davis, 20%. After Eden made his investment, what were the individual capital balances

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