The following balance sheet information is for the partnership of Abele, Boule, and Cayman:

Cash	$ 210,000	Liabilities	$ 510,000
Other assets	1,500,000	Abele, Capital (40%)	300,000
		Boule, Capital (40%)	480,000
		Cayman, Capital (20%)	420,000
	$1,710,000		$1,710,000

Figures shown parenthetically reflect agreed profit and loss sharing percentages.

If the assets are fairly valued on the above balance sheet and the partnership wishes to admit Dann as a new 1/5 partner without recording goodwill or bonus, Dann should invest cash or other assets of