Mathew,Patrick and Robin and Have Capital Balances of $78,000,$125,000 and $90,000,respectively.As
Multiple Choice
Mathew,Patrick and Robin and have capital balances of $78,000,$125,000 and $90,000,respectively.As per the partnership agreement,Mathew gets a profit share of 2/9;Patrick gets 4/9;and Robin gets 3/9.Partnership agrees to pay $62,000 as final settlement to Mathew.How much bonus will Robin receive as a result of this transaction?
A) $8889
B) $6857
C) $7111
D) $9143
Correct Answer:

Verified
Correct Answer:
Verified
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