Question: The E . N . D . partnership has the following capital balances as of the end of the current year: Pineda$ 1 2 0

The E.N.D. partnership has the following capital balances as of the end of the current year: Pineda$ 120,000 Adams100,000 Fergie90,000 Gomez80,000 Total capital$ 390,000 Assume that the partners share profits and losses 4:3:2:1, respectively. Pineda retires and is paid $300,000 based on the terms of the original partnership agreement. If the bonus method is used, what is the capital balance of the remaining three partners?

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