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Question Content Area Malcolm has a capital balance of $ 6 2 , 0 0 0 after adjusting to fair market value. Celeste contributes $

Question Content Area

Malcolm has a capital balance of $

62, 000

after adjusting to fair market value. Celeste contributes $

48, 000

to receive a

25 %

interest in a new partnership with Malcolm.

Determine the amount and recipient of the partner bonus.

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