on june 30 of the current year the condensed balance sheet for the partnership of eddy, fox, and grimm, together with their respective profit and loss sharing percentages, was as follows: assets, net of liabilities $320,000 eddy, capital (50%) 160,000 fox, capital (30%) 96,000 grimm, capital (20%) 64,000 total equity $320,000 hamm is admitted as a new partner with a 25% interest in the capital of the new partnership for a cash payment of $140,000. total goodwill implicit in the transaction is to be recorded. immediately after the admission of hamm, eddy's capital account balance should be
