Journalize the following admission of Ocampo in the ELM partnership assuming the following capital balances and income ratios: (10 points) Capital Balance Ratio Edwin 100,000 50% Leon 48,000 30% Mario 32,000 20% The partners decide to form the ELMO partnership by admitting Ocampo to the firm as a partner: 1. Ocampo purchases one-half of Leon's equity for P26,000 and one fourth of Mario's equity for P 10,000. 2. Ocampo invests P 60,000 cash for a one-fourth interest in the partnership with a new capital of P240,000. 3. Ocampo invests P 80,000 for a 40% interest in the partnership with agreed capitalization of P 260,000. 4. Ocampo invests P 60,000 for a 1/5 interest in the partnership with a new capital of P 300,000