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AnnFranco'scapitalstatementrevealsthatherdrawingsduringtheyearwere$40,000.Shemadean additionalcapitalinvestmentof$20,000,andhershareofthenetlossfortheyearwas$8,000.Herending capitalbalancewas$160,000.WhatwasAnnFranco'sbeginningcapitalbalance?

AnnFranco'scapitalstatementrevealsthatherdrawingsduringtheyearwere$40,000.Shemadean

additionalcapitalinvestmentof$20,000,andhershareofthenetlossfortheyearwas$8,000.Herending

capitalbalancewas$160,000.WhatwasAnnFranco'sbeginningcapitalbalance?

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