Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $59,500, and Martin's capital balance $56,500. Hewlett and Martin have agreed to share equally in income or loss. Hewlett and Martin agree to accept Black with a 30% interest. Black will invest $30,500 in the partnership. The bonus that is granted to Black equals:

Hewett and Martin are partners. Hewiett's capital balance in the partnership is $59,500, and Martin's capital balance $56,500. Hewlett and Martin have agreed to share equally in income or loss. Hewlett and Martin agree to accept Black with a 30% interest Black will invest $30,500 in the partnership. The bonus that is granted to Black equals