Caitlin, Chris, and Molly are partners and share income and losses in a 3:4:3 ratio (in ratio form: Caitlin, 3/10; Chris, 4/10; Molly, 3/10). The partnerships capital balances are Caitlin, $139,000; Chris, $99,000; and Molly, $119,000. Paul is admitted to the partnership on July 1 with a 20% equity and invests $79,000. The balance in Pauls capital account immediately after his admission is:

Multiple Choice

$90,800

$357,000

$198,000

$107,200

$87,200