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Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $61,500, and Martin's capital balance $58,500. Hewlett and Martin have agreed to share

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Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $61,500, and Martin's capital balance $58,500. 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 $35,500 in the partnership. The bonus that is granted to Hewlett and Martin equals: Multiple Choice 1.819 to Hewlett: $1,775 to Martin $3,550 each So, because Hewlett and Martin actually grant a bonus to Black $1,819 each $2,200 each 18! Nov

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