Suson = 24,500 x 40 =14,000 = 22000 Answer: 22,000 70 b. Oscar retires and is paid $83.900 based on an independent appraisal of the time. If the goodwill method is used, what is the capital balance of Susan after the transaction? Answer: c. The three partners agree to admit George for a 20% interest. George contributes $40,000 to the partnership. If the bonus method is used, what is the capital balance of Susan after the transaction? Answer: d. The three partners agree to admit George for a 20% interest. George contributes 25,000 to the partnership. If the bonus method is used, what is the capital balance of Susan after the transaction Answer: The three partners agree to admit George for a 40% interest. George contributes 544,000 to dwill method is used, what is the goodwill being recorded? Suson = 24,500 x 40 =14,000 = 22000 Answer: 22,000 70 b. Oscar retires and is paid $83.900 based on an independent appraisal of the time. If the goodwill method is used, what is the capital balance of Susan after the transaction? Answer: c. The three partners agree to admit George for a 20% interest. George contributes $40,000 to the partnership. If the bonus method is used, what is the capital balance of Susan after the transaction? Answer: d. The three partners agree to admit George for a 20% interest. George contributes 25,000 to the partnership. If the bonus method is used, what is the capital balance of Susan after the transaction Answer: The three partners agree to admit George for a 40% interest. George contributes 544,000 to dwill method is used, what is the goodwill being recorded