Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, 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.