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Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $54,000, and Martin's capital balance $51,000. Hewlett and Martin have agreed to share

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Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $54,000, and Martin's capital balance $51,000. Hewlett and Martin have agreed to share equally in income or loss. Hewlett and Martin agree to accept Black with a 25% Interest. Black will invest $25,000 in the partnership. The bonus granted to Black equals: so, because Black must actually grant a bonus to Hewlett and Martin. $2, 708. $7500. $3750. 5, 417

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