A partnership has the following capital balances:

Natalie (70% of gains and losses)..$200,000

Annie (30% of gains and losses).....$150,000

Rachel is going to pay a $80,000 to these two partners to acquire a 20% interest from each. Goodwill is to be recorded. Whats Natalies capital balance after the transaction?

A partnership has the following capital balances:

Natalie (70% of gains and losses)..$200,000

Annie (30% of gains and losses).....$150,000

Rachel is going to pay a $80,000 to these two partners to acquire a 20% interest from each. Goodwill is to be recorded. Whats Natalies capital balance after the transaction?

$216,000

$200,000

$188,000

$235,000