
The E.N.D.
Pineda . . . . . . . . . . . . . . . .. . $230,000
Adams . . . . . . . . . . . . . . . . . . 190,000
Fergie . . . . . . . . . . . . . . . . . . 160,000
Gomez . . . . . . . . . . . . . . . . . 140,000
Total capital . . . . . . . . . . . . . $720,000
Answer each of the following independent questions:
a. Assume that the partners share
b. Assume that the partners share profits and losses 4:3:2:1, respectively. Pineda retires and is paid $280,000 based on the terms of the original partnership agreement. If the bonus method is used, what is the capital balance of the remaining three partners?

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