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Admitting a New LG Momber With Bonus Alert Medical, LLC, constate of two doctors, Abrams and Upscomb, who share in all income and losses according

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Admitting a New LG Momber With Bonus Alert Medical, LLC, constate of two doctors, Abrams and Upscomb, who share in all income and losses according to a 213 income-sharing ratio. Dr. Linhas been asked to join the C. Prior to admitting Un, the assets of Alert Medical were revaloed to reflect their current market values. The revaluation resulted in medical equipment being increased by $36,000. Prior to the revaluation, the equity balances for Abrams and Upscomb were $346,000 and $300,000, respectively, a. Provide the journal entry for the asset revaluation. If an amount box does not require an entry, leave it blank b. Provide the journal entry for the bonus under the following independent situations: 1. Lin purchased a 30% Interest in Alert Medical, LLC, for $443,000. If an amount box does not require an entry leave it blank. 2. Lin purchased a 25% interest in Alert Medical LLC for $226,000. If an amount box does not require an entry, leave it blank

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