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Mathew, Patrick, and Robin and have capital balances of $77,000, $123,000 and $93,000, respectively. As per the partnership agreement, Mathew gets a profit share of
Mathew, Patrick, and Robin and have capital balances of $77,000, $123,000 and $93,000, respectively. As per the partnership agreement, Mathew gets a profit share of 29; Patrick gets 4/9, and Robin gets 3/9. Partnership agrees to pay $63,000 as final settlement to Mathew. How much bonus will Robin receive as a result of this transaction? (Do not round intermediate calculations and round the final answer to the nearest dollar.) OA. $6,000 OB. $8,000 OC. $6,222 OD. $7,778
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