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Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $54,000, and Martin's capital balance $51,000. Hewlett and Martin have agreed to share

Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $54,000, and Martin's capital balance $51,000. 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 $25,000 in the partnership. The bonus that is granted to Black equals:

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