The E.N.D. partnership has the following capital balances as of the end of the current year:

Pineda $ 180,000

Adams 160,000 Fergie

150,000 Gomez 140,000

Total capital $ 630,000

a. Assume that the partners share profits and losses 3:3:2:2, respectively. Fergie retires and is paid $183,000 based on the terms of the original partnership agreement. If the goodwill method is used, what is the capital balance of the remaining three partners?

Pineda

Adams

Gomez

b. Assume that the partners share profits and losses 4:3:2:1, respectively. Pineda retires and is paid $345,000 based on the terms of the original partnership agreement. If the bonus method is used, what is the capital balance of the remaining three partners? (Do not round your intermediate calculations. Round your final answers to the nearest dollar amounts.)

Adams

Fergie

Comez