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A partnership has the following capital balances: Henry (50% of gains and losses) $ 90,000 Thomas (25%) 110,000 Catherine (25%) 165,000 Anne is going to

A partnership has the following capital balances:

Henry (50% of gains and losses) $ 90,000

Thomas (25%) 110,000

Catherine (25%) 165,000

Anne is going to invest $96,000 into the business to acquire a 30 percent ownership interest. Goodwill is to be recorded. What will be Annes beginning capital balance?

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