RD formed a partnership on February 10, 20X9. R contributed cash of $150,000, while D contributed inventory with a fair value of $120,000. Due to R's expertise in selling, D agreed that R should have 60 percent of the total capital of the partnership. R and D agreed to recognize goodwill. What is the total capital of the RD partnership and the capital balance of R after the goodwill is recognized? 
Definitions:
International Monetary Fund
The International Monetary Fund is an international organization aimed at fostering global monetary cooperation, securing financial stability, and facilitating international trade.
Cross Rate
The exchange rate between two currencies, calculated based on their respective exchange rates with a third common currency.
Exchange Rates
The value of one currency expressed in terms of another currency.
Exchange Rate Fluctuations
Variations in the value of one currency relative to another, which can affect the profitability of international investments and trade.
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