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Alejandro and Liam are partners who share income in the ratio of 3:1 and have capital balances of $110,000 and $150,000, respectively. Josiah is admitted

Alejandro and Liam are partners who share income in the ratio of 3:1 and have capital balances of $110,000 and $150,000, respectively. Josiah is admitted to the partnership and is given a 35% interest by investing $100,000. What is Alejandro's capital balance after admitting Josiah

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