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Tracy, Jenny and Olivia are cousins who form a limited partnership to open an art gallery. Tracy, as general partner, contributes $100,000 and Jenny and

Tracy, Jenny and Olivia are cousins who form a limited partnership to open an art gallery. Tracy, as general partner, contributes $100,000 and Jenny and Olivia, as limited partners, contribute $150,000 each. Two years later, Olivia accuses Tracy of falsifying the financial records and withdraws from the limited partnership. How much will Olivia receive from the partnership at the time of her withdrawal?

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$100,000

$0

$150,000

$50,000

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