Question: # 29 On December 31st, a partnership's capital statement reported the following information: Capital, January 1 $324,000 Additional Investment$ 56,000 Drawings 116,000 Net Income 184,000

# 29 On December 31st, a partnership's capital statement reported the following information:

Capital, January 1 $324,000

Additional Investment$ 56,000

Drawings 116,000

Net Income 184,000

The partnership consists of Partners A, B, and C with ending capital balances based on a ratio of 3:4:3. All additional investments and drawings are done at this sane ratio.

What are the respective ending balances of the three partners?

Partner A,$134,400

Partner B, $179,200

Partner C, $134,400

Partner A, $149,333

Partner B, $149,333

Partner C.$149.333

Partner A $$79,200

Partner B $105,600

Partner C $79,200

Partner A, $169,200

Partner B. $225,600

Partner C $169,200

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