The ABCD Partnership has the following balance sheet at January 1, 2012, prior to the admission of new partner, Eden. 
Eden contributes $49,000 into the partnership for a 25% interest. The four original partners share profits and losses equally. Using the bonus method, determine the balances for each of the five partners after Eden joins the partnership.
Definitions:
Growth Strategy
A plan of action designed to increase the size and scope of a business, including expanding product lines, markets, or operational capacity.
Growth Strategy
A plan of action that a business implements to expand its market share, increase revenue, or achieve other targeted growth objectives.
Frozen Meals
Pre-cooked meals that are frozen for preservation and convenience, requiring reheating before consumption.
Individual Supermarkets
Independent retail grocery stores tailored to meet community needs.
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