Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $195,000 and Bowen's is $170,000. Mace and Bowen agree to accept Kent with a 30% interest in the partnership. Kent invests $175,000 in the partnership. The balances in Mace's and Bowen's capital accounts after admission of the new partner equal:
a) Mace $195,000; Bowen $170,000.
b) Mace $188,500; Bowen $163,500.
c) Mace $195,000; Bowen $183,000.
d) Mace $208,000; Bowen $170,000.
e) Mace $201,500; Bowen $176,500.

there was no passage listed but using the process of elimination i'd say it was d. the high economy would do the opposite. i don't see how low prices would affect it. high unemployment is possible but i feel d is the better answer.

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