The following values apply to this and the next question. Capital Profit/loss% Eris 71705 20% Frank...

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The following values apply to this and the next question. Capital Profit/loss% Eris 71705 20% Frank 48520 30% Gina 96052 50% For this question, assume Eris decides to leave the partnership and is paid 87258 by the partnership. If the bonus method is us will Frank's capital position be afterwards? Now assume that Eris remains in the partnership and Harold is admitted as a new partner. Harold contributes 27636 for 10% of capital and a 15% profit/loss %. Under the goodwill method, what would Gina's capital be after Harold joins? The following values apply to this and the next question. Capital Profit/loss% Eris 71705 20% Frank 48520 30% Gina 96052 50% For this question, assume Eris decides to leave the partnership and is paid 87258 by the partnership. If the bonus method is us will Frank's capital position be afterwards? Now assume that Eris remains in the partnership and Harold is admitted as a new partner. Harold contributes 27636 for 10% of capital and a 15% profit/loss %. Under the goodwill method, what would Gina's capital be after Harold joins?

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The Values given in the question are as follows Eris Capital 71705 ProfitLoss 20 Frank Capital 48520 ... View the full answer