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R. Schoen purchases a 25% interest for $60,000 when the Hise, Poole, Lagos partnership has total capital of $540,000. Prior to the admission of Schoen, each partner has a capital balance of $180,000. Each partner relinquishes an equal amount of his capital balance to Schoen. The amount to be relinquished by Lagos is: A. $30,000. B. $38,000. C. $45,000. D. $75,000.
Sagot :
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