Wilson, (40% of gains and loss

timer Asked: Oct 30th, 2015

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Wilson, (40% of gains and losses) $260,000Jennings (40%)                               210,000Bryan (20%)                                    190,000Darrow invests $300,000 in cash for a 30 percent ownership interest.  The money goes to the business.  No goodwill or other revaluation is to be recorded.  After the transaction, what is Jenning's capital balance?

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