Mark John's capital statement reveals that his drawings during the year were $40,000. He made an additional capital investment of $30,000, and his share of the net loss for the year was $12,000. His ending capital balance was $180,000. What was Mark John's beginning capital balance? a. $222,000 b. $202,000 c. $162,000 d. $202,000
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What was mark john's beginning capital balance?
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