At April 30, partners capital balances in PDL Company are: G. Donley $47,900, C. Lamar $45,300, and J. Pinkston $15,900. 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. (1) Terrell purchases 331/3% of Lamars ownership interest by paying Lamar $15,510 in cash. (2) Terrell invests $63,300 for a 30% ownership interest, and bonuses are given to the old partners. (3) Terrell invests $43,400 for a 30% ownership interest, which includes a bonus to the new partner