Eagle and Falk are partners with capital balances of $45，000 and 25，000，respectively.They agree to admit Robb as a partner.After the assets of the partnership are revalued，Robb will have a 25% interest in capital and profits，for an investment of $30，000.What amount should be recorded as goodwill to the original partners?
　　a.$0
　　b.$5，000
　　c.$7，500
　　d.$20，000
　　CPA-00721 Explanation
　　Choice “d” is correct，$20，000.
　　Robb's investment：
　　25% of total capital=$30，000
　　Calculate total capital $30，000/.25
　　Total capital=$120，000
　　Less existing capital balances：
　　Eagle 　　　　$45，000
　　Falk　　　　　 25，000
　　Robb　　　　　 30，000
　　Total assets contributed=$100，000
　　Goodwill to original partners=$ 20，000

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