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Problem 14-27 (Algo) (LO 14-3, 14-9, 14-10) The following is the current balance sheet for a local partnership of doctors. Land Cash and current assets Building and equipment (net) $ 30,000 Liabilities 170,000 A, capital 160,000 B, capital c, capital D, capital $ 360,000 Totals $ 50,000 30,000 50,000 100,000 130,000 $ 360,000 Totals Complete this question by entering your answers in the tabs below. ReqA Req B to E b. E contributes $42,000 in cash to the business to receive a 10 percent interest in the partnership. Goodwill is to be recorded. Profits and losses have previously been split according to the following percentages: A, 30 percent; B, 10 percent; C, 40 percent; and D, 20 percent. After E makes this investment, what are the individual capital balances? c. E contributes $32,000 in cash to the business to receive a 20 percent interest in the partnership. Goodwill is to be recorded. The four original partners share all profits and losses equally. After E makes this investment, what are the individual capital balances? d. E contributes $48,000 in cash to the business to receive a 15 percent interest in the partnership. No goodwill or other asset revaluation is to be recorded. Profits and losses have previously been split according to the following percentages: A, 10 percent; B, 30 percent; C, 20 percent; and D, 40 percent. After E makes this investment, what are the individual capital e. Cretires from the partnership and, as per the original partnership agreement, is to receive cash equal to 130 percent of her final capital balance. No goodwill or other asset revaluation is to be recognized. All partners share profits and losses equally. After the withdrawal, what are the individual capital balances of the remaining partners? Show less balances? Individuals (b) Capital Balances (c) Capital Balances (d) Capital Balances (e) Capital Balances A B D E

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