Eddie and Hunt have partner capital balances of $233,000 and $187,000, respectively. Eddie receives 70% of profits and losses, and Hunt receives 30% Assume Pound contributes $105,000 to acquire a 25% interest in the new partnership of Eddie, Hunt, and Pound. Requirements 1. Calculate Pound's capital in the new partnership. 2. Journalize the partnership's receipt of cash from Pound Requirement 1. Calculate Pound'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 420000 105000 WILD