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Brown invests cash of $20,000 and a building with a cost of $250,000 and accumulated amortization to date of 595,000 in the E $325,000. A
Brown invests cash of $20,000 and a building with a cost of $250,000 and accumulated amortization to date of 595,000 in the E $325,000. A mortgage payable of $ 105,000 is outstanding on the building and will be assumed by the partnership. Brown's cap A. $240.000 B. $175,000 C. $165.000 OD. $70,000 Brown invests cash of $20,000 and a building with a cost of $250,000 and accumulated amortization to date of 595,000 in the E $325,000. A mortgage payable of $ 105,000 is outstanding on the building and will be assumed by the partnership. Brown's cap A. $240.000 B. $175,000 C. $165.000 OD. $70,000
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