Ecru and Hajar have partner capital balances of $248,000 and $212,000, respectively. Ecru receives 70% of profits and losses, and Hajar rece Requirements 1. Calculate Parker's capital in the new partnership. 2. Journalize the partnership's receipt of cash from Parker Requirement 1. Calculate Parker's capital in the new partnership Partnership capital before admission of new partner Contribution of new partner Partnership capital after admission of new partner Capital of new partner Bonus to 70% of profits and losses, and Hajar receives 30%. Assume Parker contributes $115,000 to acquire a 25% interest in the new partnership of Ecru. Hafar, and Parker