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Partner Bonus Blair has a capital balance of $ 1 0 4 , 0 0 0 after adjusting assets to fair market value. Van Ness

Partner Bonus

Blair has a capital balance of $

104, 000

after adjusting assets to fair market value. Van Ness contributes $

60, 000

to receive a

30 %

interest in a new partnership with Blair.

Determine the amount and recipient of the partner bonus.

Amount of bonus $

Recipient of bonus

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