At April 30, partners' capital balances in Sunland Partners are Dexter $38,700, Emley $22,880, and Sigle $21,120. The profit- sharing ratio is 5:3:2, respectively. On May 1, the Marigold Partnership is formed by admitting Watson to the firm as a partner with 20% equity. Watson invests $20,675. Journalize the admission of Watson. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit May 1 (To invest cash in business.) eTextbook and Media Watson invests $30,800. Journalize the admission of Watson. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit May 1 (To invest cash in business.) eTextbook and Media Watson invests $8,800. Journalize the admission of Watson. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation May 1 Debit Credit