At Apri 30, partners' capital balances in Sheridan Company are G. Donley $47,840,C. Lamar $44,160, and J. Pinkston $16,560. The income sharing ratios are 5:4:1, respectively. On May 1 , the PDLT Company is formed by admitting J. Terrell to the firm as a partner. (a) Journalize the admission of Terrell under each of the following independent assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal ploces, e. 5,275. (1) Terrell purchases 50% of Pinkston's ownership interest by paying Pinkston $14,720 in cash. (2) Terrell purchases 331/3% of Lamar's ownership interest by paying Lamar $13,800 in cash. (3) Terrell invests $57.040 for a 30% ownership interest, and bonuses are given to the old partners. (4) Terrell invests $38,640 for a 30% ownership interest, which includes a bonus to the new partner. Whe ficraunt tiries and Ergatanation Debit Credit Lamar's capital balance is $29,440 after admitting Terrell to the partnership by investment. If Lamar's ownership interest is 20% of total pattnership capital, what were (1) Terrell's cash investment and (2) the bonus to the new partner? (1) Terrell's cash imvestment (2) Bonus tonew partner