Partner Bonus Lilly 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 Lily. Determine the amount and recipient of the partner bonus. Amount of bonus Recipient of bonus Lilly Check My Wor Determine the new total equity after the contribution. Then, compute the new partner's percentage equity interest. If the new partner's equity interest is less than the amount paid, then the existing partner received a bonus. If the new partner's equity interest is greater than the amount paid, then the bonus goes to the new partner