Amjad and Ahmed, partners of Amjad and Ahmed LLP who share net income and losses 60% and 40%, respectively, had capital account balances of $70,000 and $60,000, respectively, on June 30, 2020. On that

Amjad and Ahmed, partners of Amjad and Ahmed LLP who share net income and losses 60% and 40%, respectively, had capital account balances of $70,000 and $60,000, respectively, on June 30, 2020. On that date Amjad and Ahmed agreed to admit Asaad to Amjad, Ahmed & Asaad LLP, Asaad purchased 30% of Amjad capital interest for $55,000 with a one-third share of net income or losses. The capital balance of Amjad after the admission of Asaad is:

Select one:

a. $39,000.

b. $91,000.

c. $21,000.

d. $49,000.