Answer: $12780
Explanation:
From the information given, the total capital for the partnership is calculated as:
= $61400 + $86300 + $52900
= $200600
Josh's share = 20% × $200600
= 20/100 × $200600
= 0.2 × $200600
= $40120
The amount of the bonus to the old partner would be:
= $52900 - $40120
= $12780