acquire a fifth of the net asset share of the Thabisile and Mike decided to admit Dineo from 1 August 2020. Dineo will contribute R50 000 cash and a vehicle worth R86000 to acquire a fifth of the net asset share of the partnership. Thabisile and Mike agreed to relinquish 20% of their share in profits or losses to Dineo in the ratio of 3:1 respectively. All other assets were revalued before admitting Dineo to the partnership and a valuation loss of R28 000 was correctly calculated. Which one of the following alternatives represents the correct fair value of Thami Traders prior to the admission of Dineo? Select one: a. R258000 b. R208000 c. R680000 d. R 316000 e. R 344000