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Max invests $40,000 for a one-fourth interest in a partnership in which the other partners have capital totaling $80,000 before admitting Max. After distribution of

Max invests $40,000 for a one-fourth interest in a partnership in which the other partners have capital totaling $80,000 before admitting Max. After distribution of the bonus, what is Max's capital balance? A $20,000 B $30,000 $40,000 D $10,000

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