Paul and Mark are partners having capital balances of $50,000 and $60,000, respectively, and share profits and losses equally. Jay is going to invest $65,000 into the business to acquire a one-third ownership interest. If the goodwill method is used to record Jay's admission to the partnership: A) Jay's capital will be $58, 333 B) Mark's capital will be $70,000 C) Paul's capital will be $46, 667 D) Total capital will be $175,000 E) Goodwill will be recorded at $15,000 If the bonus method is used to record Jay's admission to the partnership: A) Jay's capital will be $58, 333 B) Mark's capital will be $70,000 C) Paul's capital will be $46, 667 D) Total capital will be $195,000 E) Goodwill will be recorded at $15,000