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Partner Bonus Sharpe has a capital balance of $105,000 after adjusting assets to fair market value. Lowman contributes $62,000 to receive a 30% interest in

Partner Bonus

Sharpe has a capital balance of $105,000 after adjusting assets to fair market value. Lowman contributes $62,000 to receive a 30% interest in a new partnership with Sharpe.

Determine the amount and recipient of the partner bonus.

Amount of bonus $

Recipient of bonus SelectSharpeLowmanItem

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