A partnership has the following capital balances with partners' profit and loss percentages indicated parenthetically: Burks (50%) Donovan (25%) Watkins (25%) $120,000 220,000 320,000 Ranzilla agrees to pay a total of $220,000 directly to these three partners to acquire a 25 percent ownership interest from each. The partnership will record goodwill based on the new partner's payment. What is Donovan's capital balance after the transaction? Multiple Choice $220,000 $206,250 $165,000 $195,000