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Travis, Jennifer, and Henry have partnership capital account balances of $ 1 5 0 , 0 0 0 , $ 3 0 0 , 0

Travis, Jennifer, and Henry have partnership capital account balances of $150,000, $300,000, and $70,000, respectively. The profit-sharing ratio is Travis, 50%; Jennifer, 40%; and Henry, 10%. Travis wishes to withdraw from the partnership, and it is agreed that partnership assets of $120,000 will be used to pay Travis for her partnership interest. The balances of Jennifer's and Henry's Capital accounts after Travis's withdrawal would be
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Jennifer, $300,000; Henry, $70,000.
Jennifer, $300,000; Henry, $70,000.
Jennifer, $276,000; Henry, $64,000.
Jennifer, $276,000; Henry, $64,000.
Jennifer, $324,000; Henry, $76,000.
Jennifer, $324,000; Henry, $76,000.
Jennifer, $285,000; Henry, $55,000.

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