Admitting new partner with bonus

Cody Jenkins and Lacey Tanner formed a partnership to provide landscaping

services. Jenkins and Tanner shared profits and losses equally. After all the tangible

assets have been adjusted to current market prices, the capital accounts of Jenkins

and Tanner have balances of $$38,000$ and $$49,000,$ respectively. Valeria Solano has

expertise with using the computer to prepare landscape designs, cost estimates,

and renderings. Jenkins and Tanner deem these skills useful; thus, Solano is

admitted to the partnership at a $30\%$ interest for a purchase price of $$23,000.$

a$.$ Determine the recipient and amount of the partner bonus.

$

b$.$ Journalize the entry for the admission of Solano into the partnership. If an

amount box does not require an entry, leave it blank.

c$.$ Why would a bonus be paid in this situation?

Apparently, Jenkins and Tanner value the capital investment offered by

Solano.