Question: ABC Partnership has four partners who share profits and losses equally. On December 1, 20X1, the balance in the partner's capital accounts were $40,000 to Partner A, $50,000 to Partner B, $30,000 to Partner C, and $80,000 to Partner D. Partner C wishes to retire from the partnership. After due negotiations with the partners, the partnership agrees to pay Partner C $18,000 for his interest. The balances in the capital accounts of A, B, C, and D after the payment is made to C will be: Multiple Choice A = $40,000; B = $50,000; C = $0; and D = $80,000. A = $37,000; B = $47,000; C = $0; and D = $77,000. A = $44,000; B = $54,000; C = $0; and D = $84,000. A = $40,000; B = $50,000; C = $30,000; and D = $80,000.