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Caitlin, Chris, and Molly are partners and share income and losses in a 3 : 4 : 3 ratio ( in ratio form: Caitlin, 3

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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
partnership's capital balances are Caitlin, $129,000; Chris, $89,000; and Molly, $109,000. Paul is admitted to the partnership on July 1 with a
20% equity and invests $169,000. The balance in Caitlin's capital account immediately after Paul's admission is:
Multiple Choice
$169,000
$149,940
$116,920
$129,940
$108,060
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