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Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $ 5 6 , 5 0 0 , and Martin's capital balance is

Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $

56, 500,

and Martin's capital balance is $

53, 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, 500

in the partnership. The bonus that is granted to Hewlett and Martin equals:

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