(TCO G) ABCD Limited, a partnership, has the following balance sheet at January 1, 20X0, prior to the admission of a new partner, Eden.

Cash and current assets	$39,000	Liabilities	$52,000
Land	234,000	Adams, capital	26,000
Building and equipment	130,000	Barnes, capital	52,000
		Cordas, capital	117,000
		Davis, capital	156,000
Total assets	$403,000	Total liabilities and capital	$403,000

Eden acquired a 20% interest in the partnership by contributing a total of $71,500 directly to the other four partners. Goodwill is to be recorded. Profits and losses have previously been split according to the following percentages: Adams, 15%; Barnes, 35%; Cordas, 30%; and Davis, 20%. Required: (A) Prepare the journal entries necessary to record goodwill. (B) After goodwill has been recorded, what are the individual capital balances of the original partners? (C) Prepare the journal entry necessary to allocate original partners' balances to Eden. (D) After all journal entries have been recorded, what are the individual capital balances?