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David and Harry are partners in a partnership. David has a 60% share, and his capital balance is $200,000. Harry has a 40% share, and

David and Harry are partners in a partnership. David has a 60% share, and his capital balance is $200,000. Harry has a 40% share, and his capital balance is $100,000. They decide to admit Mark as a new partner. Mark will pay the partners a total of $100,000 for a 25% share.

1. Using the book value method, what will each partner's capital balance be after admitting Mark to the partnership?

2. Using the goodwill method, what will each partner's capital balance be after admitting Mark to the partnership?

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