Bob and Kathy are partners who share profits 60% and 40%. Their capital balances were...
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Accounting
Bob and Kathy are partners who share profits 60% and 40%. Their capital balances were both $60,000 before Donna was admitted to the partnership. Donna contributed $100,000 in cash to the partnership for a 30% interest. After Donna is admitted to the partnership, Bob will have a capital balance of $__________?
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