Myles Etter and Crystal Santori are partners who share in the income equally and have capital balances of $156,600 and $62,080, respectively. Etter, with the consent of Santori, sells one-third of his interest to Lonnie Davis. Required: Assume the sale occurs on December 31. What entry is required by the partnership if the sales price is (a) $52,200? (b) $70,500? Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.