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Chris Ham invests $120,000 in 5 a partnership for a 1/4 interest. Prior to Ham's admission, the partnership had two partners with capital balances of

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Chris Ham invests $120,000 in 5 a partnership for a 1/4 interest. Prior to Ham's admission, the partnership had two partners with capital balances of $120,000 each. Ham's capital balance in the partnership will be: $90,000 $60,000$120,000 $100,000

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