Question
Please help 1. Mars and Pluto are partners who share profits and losses equally. The capital accounts of the partners have the following balances: Mars180,000
Please help
1. Mars and Pluto are partners who share profits and losses equally. The capital accounts of the partners have the following balances:
Mars180,000
Pluto70,000
Thadez desires to join the firm and offered to invest 96,000 for a 1/3 interest. Mars and Pluto declined his offer, but they extended a counter-offer to Thadez of 88,000 for a 25% interest in the capital and profits and losses of the firm. If Thadez accepted the offer, what would be the balance of Mar's capital account after Thadezs admission?
Group of answer choices
178,250
187,000
199,000
181,750
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