Adtinitting New Partner With Eonius L. Bowers and V. Upscomb are partners in Elegant Event Consultants. Bowers and Liascomb share income equally, M. Ortiz will be admitted to thet parthership. Prior to the . admission, equipenent was revalued downward by $19,000. The capital balances of each partner are $96,500 and $133,000, respectively, orior to the revaluation. a. Provide the journal entry for the a5set revaluation. If an amount box does not require an entry, leave it blank. b. Provide the joumal entry for Ortiz's admission under the following independent situations: 1. Ortiz purchased a 20$5 interest for $46,000. If an amount bock does nok require an entry, leave it blank