Question: this question is from advanced accounting class, thanks for answeing with the steps. a 2. The partners of Apple, Bere, and Carroll LLP share net

this question is from advanced accounting class, thanks for answeing with the steps.
this question is from advanced accounting class, thanks for answeing with the

a 2. The partners of Apple, Bere, and Carroll LLP share net income and losses in a 5:3:2 ratio, respectively. The capital account balances on January 1, 2018, were as follows: Apple, capital Bere, capital Carroll, capital Total partners' capital $ 25,000 75,000 50.000 $150,000 1 The carrying amounts of the assets and liabilities of the partnership are the same as their current fair values. Dorr will be admitted to the partnership with a 20% capital interest and a 20% share of net income and losses in exchange for a cash investment. The amount of cash that Dorr should invest in the partnership is

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