The Samuel Partnership shows the following profit and loss ratios and capital balances: Andrew (60%), 252,000; Mila (30%), 126,000 anf Philip (10%), 42,000. The partners declde to sell to Violet 20% of their respective capital and profit and loss interests for a total paymet of 90,000. Violet wll pay the money directy to the other partners. What are the capital belances of the partners after Violet's admissionon to the partnership?

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2. Ruth and Jethro are partners who share income and loss In the rato 2:3 respectely. The partners agree to admit Samuel as partner upon investing 150,000 cash for a one -fifth interest. Assets of the partnership are fairly valued except for a parcel of land that is overvalued by 150,000. Net assets of the partnershp are to be revalued, and Samuel is to be admitted. The captal accounts of Ruth and Jethro are 450,000 and 300,000, respectively.

Determie the captal to be credited to Samuel.

A. 150,000

b.180.000

C. 210,000

d. 120,000