Business

Jett Watts

10 October, 16:35

Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $58,000, and Martin's capital balance $55,000. Hewlett and Martin have agreed to share equally in income or loss. Hewlett and Martin agree to accept Black with a 25% interest. Black will invest $29,000 in the partnership. The bonus that is granted to Black equals:

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