Question 3: Relates to the content covered in chapter 14 worth a total of 5 points (each correct question is worth 1 individual points for a total of 5 points) Moe, Larry, and Curly are partners with capital balances of $50,000, $30,000 and $20,000 and who share in the profit and loss of the partnership 30%, 20%, and 50%, respectively. Moe, Larry, and Curly agree to admit Chip into the partnership for a 25% interest. Required In order to receive credit for any of your answer you much provide all of the calculations showing how you arrived at your answer, no rounding of numbers (when applicable) is allowed; and partial credit will NOT be given for any incorrect answer. Based on the above fact pattern please answer all of the following questions: A. How much should Chip contribute to the partnership so his contribution amount will be equal to his interest in the partnership, assuming Chip has a 25% ownership? B. If Chip contributes $45,000 to the partnership what amount will be credited to Chip's beginning capital balance assuming the bonus method is being used? After Chip's contribution, what is the revised individual capital balance in each of the other partner's capital accounts (Moe, Larry, and Curly)? C. If Chip contributes $45,000 to the partnership and the goodwill method is used, what amount will be debited for goodwill? D. If Chip contributes $20,000 to the partnership and the goodwill method is used what amount will be debited to goodwill