The following condensed balance sheet is presented forth partnership of Alfa and Beda, who share profits and losses in the ratio of 60:40, respectively: Cash $ 45,000 Other assets 625,000 Beda, loan 30,000 $700,000 Accounts payable $120,000 Alfa, capital 348,000 Beda, capital 232,000 $700,000 The assets and liabilities are fairly valued on the balance sheet. Alfa and Beda decide to admit Capp as a new partner with 20% interest. No goodwill or bonus is to be recorded. What amount should Capp contribute in cash or other assets? a. $110,000 b. $116,00R c. $140,000 d. $145,000 hip the Bill nce ster The contribution of noncash prop theanne che central gi