7

Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $61,000, and Martin's capital balance $58,000. Hewlett and Martin have agreed to share equally in income or loss. Hewlett and Martin agree to accept Black with a 25% interest. Black will invest $32,000 in the partnership. The bonus that is granted to Black equals: Multiple Choice $5,750. $0, because Black must actually grant a bonus to Hewlett and Martin. O $2,875. O $6,292 O $3,146. to search O IT >