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NAME: OCTOBER 21, 2017 Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $135,000 and Bowen's is

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NAME: OCTOBER 21, 2017 Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $135,000 and Bowen's is $120,000. Mace and Bowen agree to accept Kent with a 30% interest in the partnership. Kent invests $115,000 in the partnership. The balances in Mace's and Bowen's capital accounts after admission of the new partner equal

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