Fundamentals of Advanced Accounting 5th Edition by Joe Ben Hoyle,Thomas Schaefer,Timothy Doupnik

تمرين 20

At year-end, the Cisco partnership has the following capital balances:
Montana, Capital.......................... $130,000
Rice, Capital.............................. 110,000
Craig, Capital............................. 80,000
Taylor, Capital............................. 70,000
Profits and losses are split on a 3:3:2:2 basis, respectively. Craig decides to leave the partnership and is paid $90,000 from the business based on the original contractual agreement. If the goodwill method is to be applied, what is the balance of Montana's capital account after Craig withdraws
A) $133,000.
B) $137,500.
C) $140,000.
D) $145,000.