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Keith and Jim are partners. Keith has a capital balance of $51,000 and Jim has a capital balance of $38,000. Bill invested $33,000 to acquire
Keith and Jim are partners. Keith has a capital balance of $51,000 and Jim has a capital balance of $38,000. Bill invested $33,000 to acquire an ownership interest of 30%. Which of the following statements is true of this transaction?
Keith and Jim received a bonus of
a. $1,800
each.
B.
Bill received a bonus of
$ $3,600.
C.
Keith and Jim received a bonus of
$ $2,550
each.
D.
Bill received a bonus of
$5,100.
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