5. Stephens and 1. Perez are porthers in Space Designs. Stephens and Perez share income equally. D. Fredericks wil be admitted to the partnership. Prior to the admission, equipment was revalued downward by $8,000. The capital balances of each partner are $100,000 and $139,000, respectively, prior to the revaluation. Required: 1. Provide the joumal entry for the asset revaluation, If an amount box does not require an entry, leave it blank. 2. Provide the joumal entry for Fredericks' admission under the foliowing independent situations: a. Fredericks purchased a 20% interest for $50,000. b. Fredericks purchased a 30% interest for $125,000. If an amount box does not require an entry, leave it blank