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Amit, Tamer and Sameer are partners in a partnership firm sharing profits and losses on the basis of 40:35:25 respectively and their capital balances are

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Amit, Tamer and Sameer are partners in a partnership firm sharing profits and losses on the basis of 40:35:25 respectively and their capital balances are $100,000, $80,000 $40,000 respectively. Maher was admitted to the partnership form by making an investment of $100,000 with 30% ownership interest. Amir, capital after admitting Maher is: a $101,600 b. $104,000 OC $89,400 ed $100,000

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