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7. ABC Partnership has the following capital balances and profit and loss percentages. A (40%)$100,000 B (30%)$200,000 C(30%)$300,000 D will pay a total of $200,000

7. ABC Partnership has the following capital balances and profit and loss percentages.

A (40%)$100,000

B (30%)$200,000

C(30%)$300,000

D will pay a total of $200,000 to the partnership to acquire a 25% ownership interest. The goodwill method is to be used.

What is C's capital after the admittance of D?

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