Austin and Norma are partners. Austin has a capital balance of $65,000 and Norma has a capital balance of $54,000. Galvin has decided to join the partnership by purchasing 50% of Austin's interest in the company. The journal entry would be: O A. Galvin, Capital is debited for $32,500 and Austin, Capital is credited for $32,500. B. Cash is debited for $32,500 and Galvin, Capital is credited for $32,500. OC. Cash is debited for $32,500 and Austin, Capital is credited for $32,500. D. Austin, Capital is debited for $32,500 and Galvin, Capital is credited for $32,500.