Question: please help: Problem 14-5 (Static) (LO 14-10) A partnership has the following capital balances with partners' profit and loss percentages indicated parenthetically: Henry (50%) $

please help:

Problem 14-5 (Static) (LO 14-10)

A partnership has the following capital balances with partners' profit and loss percentages indicated parenthetically:

Henry (50%) $ 135,000
Thomas (30%) 85,000
Catherine (20%) 80,000

Anne is going to invest $125,000 into the business to acquire a 40 percent ownership interest. Goodwill is to be recorded. What will be Annes beginning capital balance?

Multiple Choice

$170,000

$245,000

$200,000

$125,000

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