A has the following capital balances:
Comprix (35% of gains and losses) . . . . . . . . . … $150,000
Heflin (40%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300,000
Kaplan (25%) . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 320,000
Mahar is going to pay a total of $200,000 directly to these three partners to acquire a 25 percent ownership interest from each. is to be recorded. What is Heflin’s capital balance after the transaction?
a. $225,000
b. $234,000
c. $312,000
d. $360,000
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