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Caitlin, Chris and Molly are partners ana share income and losses in a 3:4:3 ratio (in ratio form: Caitlin, 3/10: Chris, 4/10. Molly, 3/10). The

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Caitlin, Chris and Molly are partners ana share income and losses in a 3:4:3 ratio (in ratio form: Caitlin, 3/10: Chris, 4/10. Molly, 3/10). The partnership's capital balances are Caitlin, $120,000; Chris, $80,000; and Molly, $100,000. Paul is admitted to the partnership on July 1 with a 20% equity and invests $160,000. The balance in Paul's capital account immediately after his admission is: Multiple Choice $160.000 $450,000 $460.000 $92.000 $68,000 $300.000

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