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Ch 12-2 Practice Exercises 1. PE.12-01.ALGO Partner Bonus 2. PE.12-02.ALGO Burns has a capital balance of $79,000 after adjusting assets to fair market value. Marler

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Ch 12-2 Practice Exercises 1. PE.12-01.ALGO Partner Bonus 2. PE.12-02.ALGO Burns has a capital balance of $79,000 after adjusting assets to fair market value. Marler contributes $43,000 to receive a 30% interest in a new partnership with Burns. Determine the amount and recipient of the partner bonus. 3. PE.12-03.ALGO 4. PE.12-4.ALGO Amount of bonus Recipient of bonus Burns 5. PE.12-05.ALGO 6. PE.12-06.ALGO

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