Body Sports Is a Surf Shop Owned by Chris,Nicole,and Dan $\begin{array}{lr}\text { Chris, Capital } & \$ 30,000 \\\text { Nicole, Capital } & 60,000 \\\text { Dan, Capital } & 40,000\end{array}$

question 181

Essay

Body Sports is a surf shop owned by Chris,Nicole,and Dan in partnership.On January 1,2017,their capital balances were as follows: $\begin{array}{lr}\text { Chris, Capital } & \$ 30,000 \\\text { Nicole, Capital } & 60,000 \\\text { Dan, Capital } & 40,000\end{array}$

During 2017,Chris withdrew $10,000;Nicole,$20,000;and Dan,$15,000.Income for the partnership for 2017 was $75,000.
Required
If the partners agreed to allocate income equally,what was the ending balance in each of their capital accounts on December 31,2017?

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Definitions:

Loudness

The perception of the intensity of sound, often measured in decibels, as experienced by the human ear.

Maximum Firing Rate

The highest frequency at which a neuron can repetitively fire or send signals without failing.

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Theories of Perception

Various theories that attempt to explain how sensory information is organized, interpreted, and consciously experienced.