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Lawrence has a capital balance of $68,000 after adjusting to fair market value. Courtney contributes $28,000 to receive a 33% interest in a new partnership
Lawrence has a capital balance of $68,000 after adjusting to fair market value. Courtney contributes $28,000 to receive a 33% interest in a new partnership with Lawrence. Determine the amount and recipient of the partner bonus.(Enter a positive number if Lawrence receives the bonus, or a negative number if Courtney receives the bonus. Round to nearest whole dollars only, no decimals)
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