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Question 2 3 poi A partnership has the following capital balances with partners' profit and loss percentages indicated parenthetically Harvey (50%) $80,000 Tamarin (20%) $60,000

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Question 2 3 poi A partnership has the following capital balances with partners' profit and loss percentages indicated parenthetically Harvey (50%) $80,000 Tamarin (20%) $60,000 Cathy (30%) $140,000 Andy is going to invest $70,000 into the business to acquire a 30 percent ownership interest. Goodwill is to be recorded. What will be Andy's beginning capital balance? O $84.000 O $120.000 O $70,000 O $105,000

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