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Multiple Choice Question 132 Bingham and Ecuyer sell 1/4 of their partnership interest Ives The admission of Ives will cause the net partnership assets to

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Multiple Choice Question 132 Bingham and Ecuyer sell 1/4 of their partnership interest Ives The admission of Ives will cause the net partnership assets to ip interest to lves receiving $606000 each. At the tirne of admission, eingham and Ecuyer each had a $1040000 capital balance. O remain at $2080000. O increase by $1212000. O decrease by $1212000. O remain at $3292000

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