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17. Shivam and Vahideh are partners who share profit/loss in the ratio of 2:3. Shivam has a capital balance of $30,000 and Vahideh has a

17. Shivam and Vahideh are partners who share profit/loss in the ratio of 2:3. Shivam has a

capital balance of $30,000 and Vahideh has a capital balance of $50,000. Jeffrey is admitted

to the partnership and is given a 10% ownership interest by investing $20,000 in cash. What is

Vahidehs capital balance after admitting Jeffrey?

  1. $20,000
  2. $44,000
  3. $34,000
  4. $56,000
  5. None of the above.

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