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Sarah and Jane formed a partnership with capital contributions of $180,000 and $126,000, respectively. Peter...

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Question

Accounting

Sarah and Jane formed a partnership with capital contributions of $180,000 and $126,000, respectively. Peter contributed $87,000 to acquire an ownership interest of 14% in the new partnership. How much is the total bonus for the existing partners?

A.

$ 31,980

B.

$ 55,020

C.

$ 87,000

D.

$ 15,990

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