Current Attempt in Progress Thomas Phoenix and Chris Tucson are partners in an electrical repair business. Their respective capital balances are $\backslash$$$92,100$ and $\backslash (\backslash$$ $49,900\backslash ),$ and they share profits and losses equally. Because the partners are confronted with personal financial problems, they decided to admit a new partner to the partnership. After an extensive interviewing process they elect to admit Daniel Dallas into the partnership. Prepare the journal entry to record the admission of Daniel Dallas into the partnership under each of the following conditions: $1.$ Daniel acquires one$-$fourth of Thomas's capital interest by paying $\backslash (\backslash$$ $29,100\backslash )$ directly to him. $2.$ Daniel acquires one$-$fifth of each of Thomas's and Chris's capital interests. Thomas receives $\backslash (\backslash$$ $24,300\backslash )$ and Chris receives $\backslash (\backslash$$ $15,100\backslash )$ directly from Daniel. $3.$ Daniel acquires a one$-$fifth capital interest for a $\backslash (\backslash$$ $58,100\backslash )$ cash investment in the partnership. Total capital after the admission is to be $\backslash (\backslash$$ $200,100\backslash ).4.$ Daniel invests $\backslash (\backslash$$ $40,020\backslash )$ for a one$-$fifth interest in partnership capital. Implicit goodwill is to be recorded, consistent with the non$-$GAAP use of the goodwill method for internal purposes. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$ No$.$ Account Titles and Explanation Debit Credit $1.2.3.4.($To record implicit goodwill$)($To record investment by Daniel$)$