On December 1, the partners of M & J partnership decided to dissolve the partnership. On that date the partnership had $50,000 cash and Inventory with a book value of 250,000. The partners' capital account balances were: Marion, 40,000 and Jaylyn $60,000. They share profits and losses equally. The inventory was sold for $300,000. After the sale of the Inventory and the allocation of the gain or loss, what is the balanc on Jaylyn's account? $60,000 $25,000 $85,000 $50,000