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Kirk invests $60,000 for a one-third interest in a partnership in which two other partners, Steve and Paul had capitals totaling $60,000 before admitting Kirk.

Kirk invests $60,000 for a one-third interest in a partnership in which two other partners, Steve and Paul had capitals totaling $60,000 before admitting Kirk. What amount will be credited to Kirk's capital account ? a. $30,000 b. $60,000 c. $40,000 d. $90,000

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