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A summary balance sheet for the McCune, Oakley and Nall partnership appears below. McCune, Nall and Oakley share profits and losses in a ratio of 2:3:5, correspondingly.
Cash 50000Inventory 62500Marketable Receivable 100000Land 50000Building-net 250000
McCune Capital 212500Nall, Capital 200000Oakley, Capital 100000
By how much will the capital accounts of McCune, Oakley and Nall increases, correspondingly, due to the revaluation of the assets and recognition of goodwill?
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