Mr. Snchez, Mr. Gonzlez and Mr. Prez share income in your society on the basis of 5: 3: 2. They have principal balances of $

Mr. Sánchez, Mr. González and Mr. Pérez share income in your society on the basis of 5: 3: 2. They have principal balances of $ 34,000, $ 26,000, and $ 21,000 respectively. Then Mr. Navarro is accepted as a fourth partner in the partnership.

 -Prepare the records in the Journal when the new partner, Mr. Navarro, is accepted as a fourth partner in the partnership under the following three scenarios,

 - (a) Purchase of 50% of Sánchez's capital for $ 19,000.

 - (b) Purchase of 50% of González's capital for $ 12,000.

 - (c) Purchase of 33 1/3% of Pérez's capital for $ 9,000.

 -Present the records in the Journal when the new partner, Mr. Navarro, is accepted as a fourth partner in the partnership and invested under the three scenarios described above.