3. Wil desires to purchase a one-fourth capital and profit and loss interest in the partnership of Eli, Geo, and Dic. The three partners agree to sell Wil one-fourth of their respective capital and profit and loss interests in exchange for a total payment of $40,000. The capital accounts and the respective percentage interests in profits and losses immediately before the sale to Wil are as follows:

Eli capital (60%) $80,000 Geo capital (30%) 40,000 Dic capital (10%) 20,000

$140,000 All other assets and liabilities are fairly valued, and implied goodwill is to be recorded prior to the acquisition by Wil.

Immediately after Wil’s acquisition, what should be the capital balances of Eli, Geo, and Dic, respectively?

a $60,000, $30,000, $15,000 b $69,000, $34,500, $16,500 c $77,000, $38,500, $19,500 d $92,000, $46,000, $22,000