Danny Ortiz and Angela Hufford are partners, and each has a capital balance of $25,000. To gain admission to the partnership, Derek Peters pays $15,000 directly to Ortiz for one-half of his equity. After the admission of Peters, Ortiz' share of the partnership equity will be
A)$40,000.
B)$15,000.
C)$32,500.
D)$12,500.

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The Answer of Danny Ortiz and Angela Hufford are partners, and each has a capital balance of $25,000. To gain admission to the partnership, Derek Peters pays $15,000 directly to Ortiz for one-half of his equity. After the admission of Peters, Ortiz' share of the partnership equity will be
A)$40,000.
B)$15,000.
C)$32,500.
D)$12,500.

Danny Ortiz and Angela Hufford Are Partners, and Each Has