Reed, Sharp, and Tucker were partners with capital account balances of $80,000, $100,000, and $70,000, respectively. They agreed to admit Upton to the partnership for a 30% interest. Upton pays each partner directly for 30% of their interest with payments to Reed, Sharp, and Tucker of $32,000, $40,000, and $28,000, respectively. Before the admission of Upton, the profit and loss sharing ratio was 2:3:2. The partners agreed to use the book value method to account for the admission of Upton to the partnership. What will Uptons Capital balance be after admission into the partnership?

$105,000

$100,000

$82,500

$75,000