ark and Landry are partners who share income and losses in the ratio of 3:2, respectively. On August 31, their capital balances were: Mark, $144000 and Landry, $112000. On that date, they agree to admit Neumark as a partner with a one-third capital interest. If Neumark invests $107000 in the partnership, what is Mark’s capital balance after Neumark’s admittance?

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