partners in LSJ partnership. They share income/ loss in a ratio of 30% : 30% : 40% respectively.

On 1/1/2021, a new partner (Dana) was admitted into the partnership, forming a new LSJD partnership. To join, Dana invested cash in the business and was given a 30% interest in the new partnership. Based on her investment, Dana's capital account was credited for $54,000.

If you know that the total capital for LSJ partnership was $150,000 (before Dana was admitted), and Jana's capital became $40,400 after the transaction.

Required: Calculate the capital balance for Jana, before Dana was admitted.