22 Suppose X, and Y are two partner has 20,000 capital balance each sharing profit and loss equally agree to admit C as new partner for 40% interest in capital and profit with investment 24000$. calculate how much the new partner should pay according to the Good will approach 2667 t of uestion Select one: O True False on 23 in liquidation the loan of partner must paid before loan to bank ed S out of Select one: True 1g question False 24 X invests the following assets in a new partnership: $30,000 in cash, and equipment that cost $70,000 but has a book value of $34,000 and fair value of $30,000. Hampton, Capital will be credited for $64,000. ut of question Select one: True False