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At year end, the Cisco partnership has the following capital balances: Montana, Capital P 130, 000 Rice, Capital 110, 000 Craig, Capital 80, 000 Taylor,

At year end, the Cisco partnership has the following capital balances:

Montana, Capital

P 130, 000

Rice, Capital

110, 000

Craig, Capital

80, 000

Taylor, Capital

70, 000

Profits and losses are split on a 3:3:2:2 basis, respectively. Craig decides to leave the partnership and is paid P90, 000 from the business based on the original contractual agreement. If the revaluation method is to be applied, what is the balance of Montanas capital account after Craig withdraws?

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