Penn has $0.500 capital and Hammet has $68,500 capital in the Penn & Hammet partnership. Penn and Hammet share profits and losses equally. Judy Pilard contributes cash of $53,000 to acquire a 1/4 interest in the new partnership Requirements 1. Calculate Pound's capital in the new partnership 2. Journalize the partnership's receipt of the $53,000 from Pound CHD Requirement 1. Calculate Pound's capital in the new partnership. (Leave unused cells blank. Do not enter a "0" for a zero balance) Partnership capital before admission of new partner Contribution of new partner Partnership capital after admission of new partner Capital of new partner Bonus to