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Paul and Mark are partners having capital balances of $50,000 and $60,000, respectively, and share profits and losses equally. Jay is going to invest $65,000 into the business to acquire a one-third ownership interest. If the bonus method is used to record Jay's admission to the partnership:a. Jay's capital will be $58,333b. Mark's capital will be $70,000c. Paul's capital will be $46,667d. Total capital will be $195,000e. Goodwill will be recorded at $15,000

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