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The following is the current balance sheet for a local partnership of doctors: The following questions represent independent situations: Requtred: 0. Eis goipg to invest

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The following is the current balance sheet for a local partnership of doctors: The following questions represent independent situations: Requtred: 0. Eis goipg to invest enough money in this parthership to recelve a 20 percent interest. No goodwilt or bonus is to be recorded. How much should E invest? b. E contributes $120,000 in cash to the business to teceive a 20 percent interest in the partnership. Goodwill is to be recorded profits and tosses have previously been spilt according to the following percentages; A, 30 percent: 8, 10 percent; C, 40 percent: and D. 20 percent Alter E makes this investment. what are the individual capitat balances? c. Econtributes $42,000 in cash to the business to recelve a 20 percent interest in the parthership. 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 balances? d. E contributes 588,000 in cash to the business to recetve a 22 percent interest in the parthership. No goodwill of other assel revaluation is to be recorded. Profits and losses have previously been spll according to the following percentages: A, 10 percent; B. 30 percent: C, 20 percent: and D, 40 percent. After E makes this imvestment, what are the individuai capital balances? e. C retires from the partnership and, as per the original partnership agreement. is to recelve cash equal to 130 percent of her final withdrawat, what are the individuat capital balances of the remaining partners? E is golng to invest enough money in this partnership to receive a 20 percent interest. No goodwill or bonus is to be recorded How much should E invest? b. E contributes $120,000 in cash to the business to receive a 20 percent interest in the partnership. Goodwill is to be recorded. Profits and tosses have previously been split according to the following percentages: A, 30 percent; B; 10 percent; C,40 percent; and D, 20 percent. After E makes this investment, what are the individual capital balances? c. E contributes $42,000 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 balances? d. E contributes $88,000 in cash to the business to receive a 22 percent interest in the partnership. No goodwill or other asset: revaluation is to be recorded. Profits and losses have previously been split according to the following percentages: A, 10 percent; B, 30 percent; C, 20 percent; and D, 40 percent. After E makes this investment, what are the indlidual capital batances? e. C retires from the partnership and, as per the original partnership agreement, is to recelve 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 withdrawal, what are the individual capital balances of the remaining partners

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