Assume the partnership of Dean, Hardin, and Roth has been in existence for a number of years. Dean decides to withdraw from the partnership when the partners' capital balances are as follows: $\begin{array}{lrr}& \text { Capital } & \text { Profit and } \
\text { Partner } & \text { Balance } & \text { Loss Ratio }\\hline
\text { Dean } & \$ 60,000 & 40 \% \
\text { Hardin } & 15,000 & 30 \% \
\text { Roth } & 25,000 & 20 \%
\end{array}$ An appraisal of the business and its property estimates the fair value to be $100,000. Dean has agreed to receive $64,000 in exchange for his partnership interest.
What are the remaining partners' capital balances after Dean's interest is dissolved, assuming the bonus method is applied?

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The Answer of Assume the partnership of Dean, Hardin, and Roth has been in existence for a number of years. Dean decides to withdraw from the partnership when the partners' capital balances are as follows: $\begin{array}{lrr}& \text { Capital } & \text { Profit and } \
\text { Partner } & \text { Balance } & \text { Loss Ratio }\\hline
\text { Dean } & \$ 60,000 & 40 \% \
\text { Hardin } & 15,000 & 30 \% \
\text { Roth } & 25,000 & 20 \%
\end{array}$ An appraisal of the business and its property estimates the fair value to be $100,000. Dean has agreed to receive $64,000 in exchange for his partnership interest.
What are the remaining partners' capital balances after Dean's interest is dissolved, assuming the bonus method is applied?

Assume the Partnership of Dean, Hardin, and Roth Has Been