2. Elt and Don are partners who share profits and losses in the ratio of 7:3, respectively. On November 5, 2016, their respective capital accounts were as follows:

Elt $70,000 Don 60,000

$130,000 On that date they agreed to admit Kra as a partner with a one-third interest in the capital and profits and losses upon his investment of $50,000. The new partnership will begin with a total capital of $180,000. Immediately after Kra’s admission, what are the capital balances of Elt, Don, and Kra, respectively?

a $60,000, $60,000, $60,000 b $63,000, $57,000, $60,000 c $63,333, $56,667, $60,000 d $70,000, $60,000, $50,000