1. Barber and Atkins are partners in an accounting firm and share net income and loss equally. Barber's beginning partnership capital balance for the current year is $142,000, and Atkins's beginning partnership capital balance for the current year is $238,000. The partnership had net income of $337,000 for the year. Barber withdrew $31,000 during the year and Atkins withdrew $90,000. What is Barber's ending equity?

Answer rating: 100% (QA)

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