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Partner Bonus Holcomb has a capital balance of $45,000 after adjusting assets to fair market value. Van Ness contributes $26,000 to receive a 35% interest

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Partner Bonus Holcomb has a capital balance of $45,000 after adjusting assets to fair market value. Van Ness contributes $26,000 to receive a 35% interest in a new partnership with Holcomb. Determine the amount and recipient of the partner bonus. Amount of bonus Recipient of bonus

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