question archive Samuel and Darci are partners

Samuel and Darci are partners

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Samuel and Darci are partners. The partnership capital for Samuel is $50,000 and for Darci is $60,000. Josh is admitted as a new partner by investing $50,000 cash. Josh is given a 20% interest in return for his investment. The amount of the bonus to the old partners is

a. $8,000

b. $18,000

c. $0

d. $10,000

Option 1

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