William, Henderson, and Middleton are partners, sharing profits and losses in the ratio of 40 to 30 to 30 percent, respectively. Their partnership agreement provides that if one of them withdraws from the partnership, the assets and liabilities are to be revalued, the gain or loss allocated to the partners, and the retiring partner paid the balance of his account. Middleton withdraws from the partnership on December 31, 20X1. The capital account balances before recording revaluation are Williams, $250,000 Henderson, $270,000 and Middleton, $240,000. The effect of the revaluation is to increase Merchandise Inventory by $52,000 and the Buildingaccount balance by $30,000.

Required:

How much cash will be paid to Middleton?

Middleton's capital account balance before revaluation
Middleton's share of the revaluation
Final capital account balance	$0