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David and Smita have partnership capital account balances of $1052000 and $789000, respectively and share profits and losses equally, Sierra is admitted to the partnership
David and Smita have partnership capital account balances of $1052000 and $789000, respectively and share profits and losses equally, Sierra is admitted to the partnership by investing $447000 for a one-fourth ownership interest. The balance of Smita's Capital account after Sierra is admitted is $851500. O $726500. O $572000. $789000.
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