On june 30, the balance sheet for the partnership of williams, brown and lowe, together with their respective profit and loss ratios, was as follows:
assets, at cost $300,000
williams, loan $ 15,000
williams, capital (20%) 70,000
brown, capital (20%) 65,000
lowe, capital (60%) 150,000
total $300,000
williams has decided to retire from the partnership and by mutual agreement the assets are to be adjusted to their fair value of $360,000 at june 30. it was agreed that the partnership would pay williams $102,000 cash for his partnership interest exclusive of his loan which is to be repaid in full. no goodwill is to be recorded in this transaction. after william's retirement, and before the loan is repaid, what are the capital account balances of brown and lowe, respectively?
a. $65,000 and $150,000
b. $72,000 and $171,000
c. $73,000 and $174,000
d. $77,000 and $186,000

You would like to purchase one class a share of berkshire hathaway through your scottrade brokerage account. scottrade charges a ​$6 commission for online trades. you log into your​ account, check the​ real-time quotes for berkshire hathaway​ (you see a bid price of ​$262 comma 900 and an ask price of ​$263 comma 730​) and submit your order. a. what is the current​ bid/ask spread for berkshire hathaway class a​ shares? b. if scottrade routes your buy order to the​ nyse, where berkshire hathaway is​ listed, what's the potential minimum your total transaction costs will​ be? c.​ if, instead, scottrade routes your buy order to​ nasdaq, where berkshire hathaway is not​ listed, what's the potential maximum your total transaction costs will​ be? d. regardless of how your trade is​ executed, based on the​ bid/ask spread, what is the market value of your​ trade? a. the current​ bid/ask spread for berkshire hathaway class a shares is ​$ nothing. ​(round to the nearest​ dollar.)