Mark invests $80,000 for a one-fourth interest in a partnership in which the other partners , Harry and Peter, have capital balances of $120,000 and $80,000 respectively before admitting Mark. The stated ratio for the distribution on income and loss is 6:4 1 0,006 1) Make the entry to record the admission of Mark to the partnership 2) Calculate Peter's capital balance after the admission of the new partner