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6.25 points Orange and Blue have a partnership with capital balances of $50,000 and $70,000, respectively. They wish to admit Jeri White into the partnership

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6.25 points Orange and Blue have a partnership with capital balances of $50,000 and $70,000, respectively. They wish to admit Jeri White into the partnership partly because of the prestige that she will bring to the partnership. If White purchases a one-fourth interest in capital and future profit and loss for $25,000, her capital account should reflect assigned goodwill in what amount? A) $10,000 B) $11,250 C) $15,000 D) $25,000

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