Question: Lambert invests $ 2 0 , 0 0 0 for a 1 / 3 interest in a partnership in which the other partners have capital

Lambert invests $20,000 for a 1/3 interest in a partnership in which the other partners have capital totaling $34,000 before admitting Lambert. What is Lamberts capital after admission?
a. $6,667
b. $18,000
c. $11,333
d. $20,000

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