Connie Knox and Andrea Cardoza have capital accounts of $ 360,000 and $ 280,000, respectively. Bob Lee and Mike McClure are to join the partnership. Lee invests $ 55,000 in the partnership for which he receives a capital credit of $ 55,000. McClure purchases a one-half interest from Knox for $ 230,000 and a one-fourth interest from Cardoza for $ 100,000 Required: Do not use commas or dollar signs. Enter negative numbers with a negative sign (-). Fractions should be entered as a decimal. a) Prepare the journal entries to record the admission of Lee and McClure to the partnership To record the addition of a partner Bob Lee. . To record an addition of a partner Mike McClure. b) Determine the capital balances of the partners after the admission of Lee and McClure Connie Knox $ Andrea Cardoza Bob Lee