88 O A E Merge & c BI U B fx x F C D E COMPLETE ALL PARTS A, B, C and D IN AREAS PROVIDED BELOW: The partnership of Connery, Craig, Dalton and Moore show the following balances in their Capital accounts: Partnership capital balances: Connery, capital $ 500,000 Craig, capital 200,000 Dalton, capital 300,000 Moore, capital 400,000 Total $1,400,000 Brosnan contributes $300,000 in cash to the partners for a 20% interest in the partnership. Goodwill is to be recorded. The four original partners share profits/losses according the the following ratio: 30:20:20:30 Required: A. Determine the amount of Goodwill inherent in this transaction B. Prepare the Capital Account Analysis showing all of the detail changes in each Partners Capital Account Balance as a result of Brosnan joining the Partnership C. Prepare the Journal entry to allocate Goodwill to the Partnership Capital Accounts D. Prepare the journal entry to set up Brosnan's Capital Balance at 20% interest in the partnership