When Johnny and Maria became partners the value of their capital contributions were $200 000 and…

When Johnny and Maria became partners the value of their
capital contributions were $200 000 and $150 000 respectively. According to
their agreement, upon dissolution, capital is to be returned to the partners
and any profit or loss is to be shared equally. If the partnership is
dissolved, how much would each partner receive if the amount remaining after
payment of the partnership debts is (1) $400 000; (2) $350 000; (2) $300
000; (4) $50 000?

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