Hello, I am working on the following problem and don’t seem to have chosen the correct answer. My rationale was that goodwill is $30,000 (800,000 – 770,000 book value). 40% of 30,000 is $12,000 plus the original $300,000 = 312,000 is the capital balance for Heflin, but that is not the correct answer. One of the solutions in course hero did not identify the correct answer either as it did not match any of the choices below. Any thoughts?

A partnership has the following capital balances:

Comprix (35% of gains and losses)$150,000

Heflin (40%) 300,000

Kaplan (25%) 320,000

Mahar is going to pay a total of $200,000 directly to these three partners to acquire a 25 percent ownership interest from each. Goodwill is to be recorded. What is Heflin’s capital balance after the transaction?

Multiple Choice

• $225,000
• $312,000
• $360,000
• $234,000

Hi, I need help with essay on Definition of Post-Modernism. Paper must be at least 500 words. Please, no plagiarized work!

The essay “Definition of Post-Modernism” defines and describes postmodernism. It could be asserted that post-modernism encouraged the exploration of answers to various queries, issues, and concerns, beyond what has been universally accepted as truth. Description of the term ‘post-modernism’ was initiated through exploring the meaning of ‘modernism’. As emphasized, modernism “refers to a certain period of western cultural, artistic and sociological history. This period covers the later nineteenth and early twentieth centuries”. The characteristics noted which aptly identifies modernism include: alteration in traditional thinking and exploration of diverse points of views. Likewise, modernism was noted to be “a reaction to the perceived world view of the time and the condition of modern civilization. However, many thinkers and philosophers felt that modernism itself had certain restrictions and that modernistic thought still relied on basic foundational concepts that were tied to the past”. Therefore, the concept of post-modernism evolved from the descriptions noted of modernism and expanded to emphasize non-conformity to anything that is fixed or restricted. There were several characteristics which were noted to assist in describing post-modernism, to wit: rejection of boundaries. and noted concentration on the following: discontinuity, fragmentation, ambiguity. As aptly define, therefore, post-modernism was noted explicitly as “an adventure and an expression of life experience.