4. On January 1 of Year 1, Congo Express Airways issued$4,600,000 of 7%, bonds that pay interest semiannually on January 1and July 1. The bond issue price is $4,280,000 and the market rateof interest for similar bonds is 9%. The bond premium or discountis being amortized using the straight-line method at a rate of$10,000 every 6 months. The life of these bonds is:

9. Caitlin, Chris, and Molly are partners and share income andlosses in a 3:4:3 ratio. The partnership’s capital balances areCaitlin, $132,000; Chris, $92,000; and Molly, $112,000. Paul isadmitted to the partnership on July 1 with a 20% equity and invests$172,000. The balance in Caitlin’s capital account immediatelyafter Paul’s admission is:

14. Caitlin, Chris, and Molly are partners and share income andlosses in a 3:4:3 ratio. The partnership’s capital balances areCaitlin, $132,000; Chris, $92,000; and Molly, $112,000. Paul isadmitted to the partnership on July 1 with a 20% equity and invests$172,000. The balance in Caitlin’s capital account immediatelyafter Paul’s admission is:

16. Barber and Atkins are partners in an accounting firm andshare net income and loss equally. Barber's beginning partnershipcapital balance for the current year is $286,000, and Atkins'beginning partnership capital balance for the current year is$167,000. The partnership had net income of $172,000 for the year.Barber withdrew $57,000 during the year and Atkins withdrew$45,000. What is Atkins's return on equity?