Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $57,500, and Martin's capital balance $54,500. 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 $36,300 in the partnership. The bonus that is granted to Hewlett and Martin equals:

$3,630 each.

$0, because Hewlett and Martin actually grant a bonus to Black.

1,864 to Hewlett; $1,815 to Martin.

$3,320 each.

$1,864 each.