2. Given the net assets of the original partnership, what is the suggested purchase price that Dawson should pay for a 30% interest in the partnership? 3. Assume that the original partnership was...

2. Given the net assets of the original partnership, what is the suggested purchase price that Dawson should pay for a 30% interest in the partnership?

3. Assume that the original partnership was liquidated and Bower received a business vehicle, with a fair value of $15,000 and a net book value of $20,000, as part of his liquidation proceeds. Partners with a deficit capital balance will only contribute their net personal assets.

How much additional cash would Bower receive if the partnership were liquidated?