Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $165,000 and Bowen's is $145,000. Mace and Bowen agree to accept Kent with a 30% interest in the partnership. Kent invests $145,000 in the partnership. The balances in Mace's and Bowen's capital accounts after admission of the new partner equal:. a. Mace $174,625; Bowen $152,125.
b. Mace $180,000; Bowen $157,500.
c. Mace $190,750; Bowen $157,500.
d. Mace $180,000; Bowen $168,250.
e. Mace $185,375; Bowen $162,875.
Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $168,000 and Bowen's is $147,500. Mace and Bowen agree to accept Kent with a 30% interest in the partnership. Kent invests $148,000 in the partnership. The amount credited to Kent's capital account is::.
a. $147,500.
b. $148,000.
c. $122,250.
d. $139,050.
e. $176,950.