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Tamer and Maher are partners with capital balances of $60,000. They share profits and losses at 50% each. Zaher contributes $24,000 to the partnership for
Tamer and Maher are partners with capital balances of $60,000. They share profits and losses at 50% each. Zaher contributes $24,000 to the partnership for a 1/3 share. What amount should the partnership record as an individual bonus to each of the old partners?
Select one:
a. $10,000
b. $20,000
c. $3,500
d. $7,000
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