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. > 0 . To record an addition of a partner Mike McClure. b) Determine the capital balances of the partners after the admission of Lee and McClure. b) Determine the capital balances of the partners after the admission of Lee and McClure, Connie Knox $ Andrea Cardoza Bob Lee Mike McClure Total Capital