Alpha and Beta are partners in an accounting firm. Alpha's capital balance is [ $120,000 with a 60% share of profits and losses. Beta's capital balance is $60,000 with a 40% share of profits and losses. The partners have agreed to admit Gamma as a new partner in the partnership. Gamma acquires a 25% capital interest in the partnership for a $50,000 investment. The partnership uses the bonus method to record the admission of partners