The bonus that is granted to Black is $6,000, If he invest $31,000 with the interest of 25% in total capital of  $1,17,000.
Bonus shares are extra shares that are given to current shareholders at no additional cost based on how many shares they currently own. These are the company's accumulated earnings that are converted into free shares rather than being distributed as dividends.
By increasing the issued share capital of the firm through the issuance of bonus shares, the company appears to be larger than it actually is, attracting investors. Additionally, as more shares are outstanding, the price of the stock falls, making it more accessible to individual investors.
Let plug in the formula
Total Partnership Equity = $60,000 + $57000 + $31,000
Total Partnership Equity= $1,48,000
Second step is to calculate the Equity for Block
Equity for Block = $1,48,000* 0.25 =
Equity for Block =$37,000
Now let calculate what Bonus to Block equals using this email formula
Bonus to Block = Block's Capital - Cash Investment
Let plug in the formula
Bonus to Block = $37,000 - $31,000
Bonus to Block= $6,000
Therefore the bonus that is granted to Black equals: $6,000
To learn more about bonus refer :
https://brainly.com/question/24084669
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