Answer:
The bonus hat is granted to Hewlett and Martin equals is $2340
Explanation:
Solution
Given that:
Hewlett's capital balance = $61,000
Martin's capital balance = $58,000
The existing partners agrees ti accept black with =20% interest
Black invest the amount of =$35,600
Now,
The equity after admitting black or allowing black is given below:
$61,000 + $58,000 +$35,600 = $154,600
The share of black in equity is given as,
$154, 600 * 20% = $30,920
The Bonus that is present for Hewlett and Martin is = $35,600 - $30,920
=$4,680
Thus,
When shared equally it is = $2340 for both partners
