6. The following condensed balance sheet is presented for the partnership of John, Jimmy, and Fred who share profits and losses in the ratio of 4:3:3, respectively: Cash Other assets S 180,000 1,940,000 Accounts payable John, capital Jimmy, capital Fred, capital $ 580,000 640,000 360,000 540,000 $2,120,000 Assume that the assets and liabilities are fairly valued on the balance sheet and that the partnership decides to admit Carol as a new partner, with a 25% interest. No goodwill or bonus is to be recorded. How much should Carol contribute in cash or other assets