The following is the current balance sheet for a local partnership of doctors: Cash and current assets Land Building and equipment (net) $ 30,000 Liabilities 170,000 A. capital 160.000 D, capital c, capital D, capital $360,000 Totals $ 50,000 30.000 50.000 100,000 120.000 $360,000 Total The following questions represent independent situations: a. E is going to invest enough money in this partnership to receive a 20 percent interest. No goodwit or bonus is to be recorded. How much should E invest? b. E contributes $42,000 in cash to the business to receive a 10 percent interest in the partnership Goodwill is to be recorded. Profits and losses have previously been split according to the following percentages: A 30 percent: 0.10 percent: C, 40 percentando 20 percent. After E makes this investment, what are the individual capital balances? c. E contributes $32,000 in cash to the business to receive a 20 percent interest in the partnership Goodwill is to be recorded. The four original partners share all profits and losses equally. After E makes this investment, what are the individual capital balonces? d. E contributes $48.000 in cash to the business to receive a 15 percent interest in the partnership. No goodwill or other asset revolution is to be recorded. Profits and losses have previously been split according to the following percentages A 10 percent 30 percent; C. 20 percent, and D, 40 percent. After E makes this investment, what are the individual capital balances? e. C retires from the partnership and, as per the original partnership agreement is to receive cash equal to 130 percent of her final capital balance. No goodwill or other asset revaluation is to be recognized. All partners share profits and losses equally. After the