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Samuel and Darci are partners. The partnership capital for Samuel is $57,500 and that of Darci is $79,300. Josh is admitted as a new partner
Samuel and Darci are partners. The partnership capital for Samuel is $57,500 and that of Darci is $79,300. Josh is admitted as a new partner by investing $53,300 cash. Josh is given a 22% interest in return for his investment. The amount of the bonus to the old partners is
a.$0 b.$53,300 c.$63,367 d.$11,478
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