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Jehad, Jamil, and Julia are Partners in a firm. Income ratios are 3:5:2 respectively. Capital balances are $40,000, $60,000, and $45,000, respectively. Juwan is admitted

Jehad, Jamil, and Julia are Partners in a firm. Income ratios are 3:5:2 respectively. Capital balances are $40,000, $60,000, and $45,000, respectively. Juwan is admitted to the firm with a 40% interest by an investment of cash of $70,000 according to the bonus method, Jamils capital balance after recording the admission of Juwan is:

35200

41800

70000

52000

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