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S. Diaz and T. Sosa are partners with equal capital balances of $60,000 each. They agree to let J. Smith invest $30,000 in their partnership
S. Diaz and T. Sosa are partners with equal capital balances of $60,000 each. They agree to let J. Smith invest $30,000 in their partnership for a 10% interest, including bonuses to the existing partners. Smith's beginning capital balance will equal $
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