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Caitlin. Chris and Molly are partners and share income and losses in a 3:4 3 ratio. The partnership's capital balances are Caitlin. $120.000: Chris, $80,000:

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Caitlin. Chris and Molly are partners and share income and losses in a 3:4 3 ratio. The partnership's capital balances are Caitlin. $120.000: Chris, $80,000: and Moty $100,000. Paul is admitted to the partnership on July 1 with a 20% equity and invests $60,000. The balance in Caitlin's capital account immediately after Paul's admission is Multiple Choice $116.400 560.000 $123.600 $120.000 572.000

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