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Gary,Peter,and Chris and have capital balances of $26,000,$38,000,and $30,000,respectively.As per the partnership agreement,Gary gets a profit share of 2/9; Peter gets 4/9; and Chris gets 3/9.The partnership agrees to pay $20,000 as the final settlement to Gary.How much bonus does Peter receive as a result of this transaction? (Do not round intermediate calculations and round the final answer to the nearest dollar.)
Centre-of-Gravity Model
A method used in location planning that minimizes transportation costs by considering location, weight, and distance.
Location Analysis Technique
A method used to determine the most optimal location for a business, facility, or operation based on factors like cost, resources, and logistics.
Transportation Method
A linear programming technique used to determine the most efficient and cost-effective way to move goods from several sources to several destinations.
Manufacturing Organization
An entity engaged in the transformation of raw materials or components into finished products through the use of labor, machinery, and processes.
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