Assets Liabilities + Owners' Equity Cash $ 111,000 Liabilities $ 88,000 Noncash Assets 480,000 Owners' Equity 591,000 Larry $ 176,000 Lacy 28,000 Lucus 152,000 Lorraine 147,000 $ 591,000 Suppose the general partnership owes a creditor $128,000. What is Larry's ending balance after the loss is absorbed? $128,414 B. $144,000 A. OC. $142,667 $34,000 Assume that the general partnership is going to add Mackala as a new partner. Makala will pay $80,000 to join the partnership, but will get a 1/8 interest. What is Lorraine's new capital balance after Mackala is a partner? . - $145,219 . $148,781 $147,000 D.$167,000 OD