Which of the following is true regarding the admission of a new partner by purchase of an existing partnership interest?

	A.	Using the transfer of capital interests approach, total partnership capital increases.
	B.	Using the implied goodwill approach, the recognized goodwill is shared among only the existing partners.
	C.	Using the transfer of capital interests approach, partnership capital of existing partners does not change.
	D.	Using the implied goodwill approach, goodwill equals the new partners investment divided by his/her capital percentage.