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Question 30 (4 points) Capital Profit Loss Partners Balances Sharing Scotty I$ 400,000 25% Riley I$ 700,000 45% Dee Dee 900,000 30% Marnee is going

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Question 30 (4 points) Capital Profit Loss Partners Balances Sharing Scotty I$ 400,000 25% Riley I$ 700,000 45% Dee Dee 900,000 30% Marnee is going to buy into the SRD Partnership by paying $1,000,000 to the partners in exchange for a 30% ownership in the partnership. The partnership uses the Book Value Method when admitting new partners. Answer the following questions using the information in the table above. 1. What is Marnee's balance after joining the partnership? 2. What is Scotty's's balance after Marnee joins the partnership? abo

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