Journalize the admission of Terrell under each of the following independent assumptions. $($Credit account titles are automatically

indented when amount is entered. Do not indent manually. Round answers to $0$ decimal places, e$.$g$.5,275.)$

$(1)$ Terrell purchases $50\%$ of Pinkston's ownership interest by paying Pinkston $$16,320$ in cash.

$(2)$ Terrell purchases $\frac{{33}^1}{3}\%$ of Lamar's ownership interest by paying Lamar $$15,300$ in cash.

$(3)$ Terrell invests $$63,240$ for a $30\%$ ownership interest, and bonuses are given to the old partners.

$(4)$ Terrell invests $$42,840$ for a $30\%$ ownership interest, which includes a bonus to the new partner.

$($b$)$

Your answer is partially correct.

Lamar's capital balance is $$32,640$ after admitting Terrell to the partnership by investment. If Lamar's ownership interest is $20\%$

of total partnership capital, what were $(1)$ Terrell's cash investment and $(2)$ the bonus to the new partner?

$(1)$ Terrell's cash investment $

$(2)$ Bonus to new partner