Clayton is attempting to consider the price to be paid for a partnership interest. The exiting partnership is characterized as follows:

	Partnership
Total Asset
Book Value	800,000
Fair market value excluding goodwill	850,000
Liabilities
Accounts payable	300,000
Bank loans	200,000
Other liabilities	58,000
Interest to be acquired by Clayton
In capital	20%
In profit and losses	25%

Determine the amount of consideration that Clayton should have to convey in order to acquire 20% of interest in capital and 25% of interest in profits and losses.

Select one:

a. 73,000X

b. 48,000

c. 34,500

d. 60,500