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Lowe invests $120,000 and is admitted to a partnership with a 25% capital interest. If total capital of the partnership was $520,000 before the admission

Lowe invests $120,000 and is admitted to a partnership with a 25% capital interest. If total capital of the partnership was $520,000 before the admission of Lowe, the bonus to Lowe is:

A) $40,000. B) $20,000. C) $60,000. D) $80,000.

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