A partnership has the following capital balances with partners' profit and loss percentages indicated parenthetically:

Henry (60%)	$	70,000
Thomas (20%)		80,000
Catherine (20%)		160,000

Anne is going to invest $66,000 into the business to acquire a 30 percent ownership interest. Goodwill is to be recorded. What will be Annes beginning capital balance?

Multiple Choice

• $66,000

• $93,000

• $112,800

• $132,857