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Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $60,000, and Martin's capital balance is $57,000. Hewlett and Martin have agreed to
Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $60,000, and Martin's capital balance is $57,000. Hewlett and Martin have agreed to share equally in income or loss. The existing partners agree to accept Black with a 20% interest. Black will invest $35,800 in the partnership. The bonus that is granted to Hewlett and Martin equals: Multiple Choice $3,580 each. $2.620 each. $1,836 each $0, because Hewlett and Martin actually grant a bonus to Black 1,836 to Hewlett, $1.790 to Martin
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