The Following Balance Sheet Information Is for the Partnership of Abele

The following balance sheet information is for the partnership of Abele, Boule, and Cayman: Figures shown parenthetically reflect agreed profit and loss sharing percentages. If the assets are fairly valued on the above balance sheet and the partnership wishes to admit Dann as a new 1/5 partner without recording goodwill or bonus, Dann should invest cash or other assets of

A) $427,500.
B) $240,000.
C) $300,000.
D) $342,000.