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April and Cammy are partners who have agreed to admit Elena, who will invest $30,000 for a 20 percent interest. The previous capital balances were
April and Cammy are partners who have agreed to admit Elena, who will invest $30,000 for a 20 percent interest. The previous capital balances were $30,000 and $60,000 for April and Cammy, respectively. April and Cammy had shared profits and losses equally. What amount will be recorded in Elena's Capital account?
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