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What was her capital balance at the beginning of the year

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Question - 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 $37,000 from the partnership. Her share of the partnership's net loss was $24,500 and she made an additional equity contribution of $27,000. Her capital account ended the year at $167,000. What was her capital balance at the beginning of the year?

$169,500

$142,500

$201,500

$132,500

$226,000

Reference no: EM132109505

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