CALCULATO PRINTER VERSOON 4 BACK Problem 12-04A a b (Part Level Submission) At April 30, partners' capital balances in Ivanhoe Company are G. Donley 148,000, C. Lamar $18,000, and J. Pinkston $15,000. The income sharing ratios are 5 : 4:1, respectively. On May 1, the POLT Company is formed by admitting ). Terrell to the firm as a partner (a) Your answer is correct Journalize the admission of Terrell under each of the following independent assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to O decimal places, e.g. 5,275.) (1) Terrell purchases 50% of Pinkston's ownership interest by paying Pinkston $15,000 in cash. (2) Terrell purchases 33/9% of Lamar's ownership interest by paying Lamar $15,200 in cash (3) Terrell invests $60,400 for a 30% ownership interest, and bonuses are given to the old partners. (4) Terrell invests $44,400 for a 30% ownership interest, which includes a bonus to the new partner Lamar's capital balance is $39,800 after admitting Terrell to the partnership by investment of Lamar's ownership interestis 20% of total partnership capital, what were (1) Terrelsesment w) the bonus to the new partner (1) Terrell's cash investment (2) Bonus to new partner Click if you would like to show Work for this questions Open Show Work