Following are the capital account balances and profit and loss percentages (indicated parenthetically) for the William, Jennings, and Bryan partnership:

William (45%)	$	340,000
Jennings (45%)		290,000
Bryan (10%)		270,000

Darrow invests $400,000 in cash for a 30 percent ownership interest. The money goes to the business. No goodwill or other revaluation is to be recorded. After the transaction, what is Jenningss capital balance?

Multiple Choice

a.)$410,000

b.)$290,000

c.)$293,000

d.)$294,500