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Agler, Bates and Colter are partners who share income in a 5:3 2 ratio. Colter, whose capital balance is $150,000, retires from the partnership Required

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Agler, Bates and Colter are partners who share income in a 5:3 2 ratio. Colter, whose capital balance is $150,000, retires from the partnership Required Determine the amount paid to Colter under each of the following cases: & (1) $50.000 is debited to Agler capital account, the bonus approach is used (2) Goodwill of $60,000 is recorded; the partial goodwill approach is used. (3) $66,000 is credited to Bates' capital account, the total goodwill approach is used

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