The ABCD Partnership has the following balance sheet at January 1, 2013, prior to the admission of new partner, Eden.
|
Cash and current assets
|
$ 39,000
|
|
Liabilities
|
$ 52,000
|
|
Land
|
40,000
|
|
Adams, Capital
|
26,000
|
|
Building and equipment
|
89,000
|
|
Barnes, Capital
|
32,000
|
|
|
|
Cordas, Capital
|
17,000
|
|
|
|
Davis, Capital
|
41,000
|
|
Total
|
$168,000
|
|
Total
|
$168,000
|
Eden contributed $30,000 in cash to the business to receive a 20% interest in the partnership. Goodwill was to be recorded. The four original partners shared all profits and losses equally. After Eden made his investment, what were the individual capital balances?