Olivia greer is a partner in made for you. an analysis of greer's capital account indicates that during the most recent year, she withdrew $29,000 from the partnership. her share of the partnership's net loss was $20,500 and she made an additional equity contribution of $19,000. her capital account ended the year at $159,000. what was her capital balance at the beginning of the year

The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap