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Samuel and Darci are partners. The partnership capital for Samuel is $51,400 and that of Darci is $87,400. Josh is admitted as a new partner
Samuel and Darci are partners. The partnership capital for Samuel is $51,400 and that of Darci is $87,400. Josh is admitted as a new partner by investing $57,600 cash. Josh is given a 24% interest in return for his investment. The amount of the bonus to the old partners is
a.$57,600
b.$65,467
c.$10,464
d.$0
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