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Fontana and Monroe are forming a partnership Fontaine invest a building that has a market value of $ 3 7 0 , 0 0 0

Fontana and Monroe are forming a partnership Fontaine invest a building that has a market value of $370,000 and $135,000 note payable Monroe invest $110,000 in cash and equipment that has a market value of $85,000 for the partnership the amount recorded for Fontaines capital account is

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