The Capital Accounts of Hawk and Martin Have Balances of $160,000

question 41

Multiple Choice

The capital accounts of Hawk and Martin have balances of $160,000 and $140,000, respectively, on January 1, 2010, the beginning of the current fiscal year. On April 10, Hawk invested an additional $10,000. During the year, Hawk and Martin withdrew $86,000 and $68,000, respectively, and net income for the year was $258,000. The articles of partnership make no reference to the division of net income. Based on this information, the statement of partners' equity for 2010 would show what amount in the capital account for Hawk on December 31, 2010?

• A) $211,600
• B) $213,000
• C) $201,000
• D) $203,000

---

Definitions:

Respondent Behaviors

Actions that are automatic reactions to certain stimuli, often used in the context of classical conditioning in psychology.

Unique Cluster

A distinctive group or combination of elements that are brought together based on specific characteristics or criteria.

Variable-Interval

A type of reinforcement schedule in which reinforcements are given to a response at unpredictable time intervals.

Fixed-Ratio

A schedule of reinforcement where a response is rewarded only after a specified number of responses, commonly used in behavior analysis.