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2 13 616 617 417 619 619 OBJ. 3 PE 12-4A Partner bonus EE 12-4 Patel has a capital balance of $310,000 after adjusting

2 13 616 617 417 619 619 OBJ. 3 PE 12-4A Partner bonus EE 12-4 Patel has a capital balance of $310,000 after adjusting assets to fair market value. Killingsworth contributes $490,000 to receive a 60% interest in a new partnership with Patel. 625 628 Determine the amount and recipient of the partner bonus. 631

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