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Partner Bonus Lilly has a capital balance of $113,000 after adjusting assets to fair market value. Marler contributes $60,000 to receive a 40% interest in

Partner Bonus

Lilly has a capital balance of $113,000 after adjusting assets to fair market value. Marler contributes $60,000 to receive a 40% interest in a new partnership with Lilly.

Determine the amount and recipient of the partner bonus.

Amount of bonus	$
Recipient of bonus

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