Into Canvas ' My.mancopa.edu Linear Algebra Toolki E https://myportalgeu The Home The balance sheet for the partnership of Nina, Pinta, and Santa Maria at January 1, 2017 follows. The partners share profits and losses in the ratio of 3:2:5, respectively Nina is retiring from the partnership. By mutual agreement, the assets are to be adjusted to their fair value of $540,000 at January 1, 2017. Pinta and Santa Maria agree that the partnership will pay Nina $135,000 cash for hers her partnership interest. There is no goodwill is to be recorded. What is the balance of Pinta's capital account after Nina's retirement? Assets at cost $480 000 Liabilities Nina, capital Pinta, capital Santa Maria, capital $135,000 75,000 120,000 150,000 $480.000