What is the capital A, B and C. Please provide calculation.

OTC Partnership has three existing partners with capital accounts and profit splits as follows:
Partner	Capital Balance		Profit Interest
A	$500,000		10%
B	1,500,000		30%
C	3,000,000		60%
	$5,000,000		100%

New Partner D contributes $7,000,000 for a 50% capital share of the firm. The firm uses

the goodwill method, and any excess over FMV is attributable to existing goodwill.

Account

D

C

Assets (contributed by D)

$7,000,000

Goodwill

$2,000,000

Capital - A

Capital - B

Capital - C

Capital - D

$7,000,000