required: a bonus of $24000 is to be paid by Snider and allocated to the original partners

Required information The following condensed balance sheet is presented for the partnership of Der, Egan, and Oprins, who share profits and losses in the ratio of 4:3:3, respectively. Assume that the partnership decides to admit Snider as a new partner with a 25 percent interest. required: A bonus of $24,000 is to be paid by Snider and allocated to the original partners. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field