Persiminon has 5113,500 capital and Hawk has 557 500 capital in the Persimmon & Hawk partnership Persimmon and Hawk share profits and losses equally Judy Pound contributes cash of $57,000 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 $57.000 from Pound Requirement 1. Calculate Pound's capital in the new partnership (leave unused cells blank Do not enter a "0" for a 200 balance.) Partnership capital before admission of new partner Contribution of new partner Partnership capital alter admission of new partner Capital of new partner Bonus to Requirement 2. Journalize the partnership's receipt of the 557,000 from Pound (Check your spelling carefully and do not abbreviate Record debits first, the credits Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit