Business, 24.09.2020 14:01, jsilsby

Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $141,000 and Bowen's is $125,000. Mace and Bowen agree to accept Kent with a 30% interest in the partnership. Kent invests $121,000 in the partnership. The balances in Mace's and Bowen's capital accounts after admission of the new partner equal:. A. Mace $195,000; Bowen $170,000.
B. Mace $188,500; Bowen $163,500.
C. Mace $195,000; Bowen $183,000.
D. Mace $208,000; Bowen $170,000.
E. Mace $201,500; Bowen $176,500.

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Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $...