Question: Andrea Riley retires from the partnership of Jaggard Pester and
Andrea Riley retires from the partnership of Jaggard, Pester, and Riley. She receives $85,000 of partnership assets in settlement of her capital balance of $81,000. Assuming that the income-sharing ratios are 5:3:2, respectively, how much of Riley's bonus is debited to Pester's capital account?
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