In Nelson Co., capital balances are Ozzie $70,000 and Harriet $85,000. The partners share income equally. Denny is admitted to the firm with a 40% interest by an investment of cash of $65,000. Journalize the admission of Denny. The following selected transactions pertain to Linton Corporation: Jan. 3 Issued 160,000 shares, $11 per value, common stock for $24 per share. Feb. 10 Issued 9,000 shares, $12 per value, common stock in exchange for special purpose equipment. Linton Corporations's common stock has been actively traded on the stock exchange at $26 per share