Problem 12-4A At April 30, partners' capital balances in PDL Company are G. Donley $52,000, C. Lamar $48,000, and J. Pinkston $18,000. The income sharing ratios are 5: : 1, respectively. On May 1, the PDLT Company is formed by admitting J. Terrell to the firm as a partner. ournalize the admission of Terrell under each of the following independent assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to O decimal places, e.g. 5,275.) (1) Terrell purchases 50% of Pinkston's ownership interest by paying Pinkston $16,000 in cash. (2) Terrell purchases 331/3% of Lamar's ownership interest by paying Lamar $15,000 in cash (3) Terrell invests $62,000 for a 30% ownership interest, and bonuses are given to the old partners. (4) Terrell invests $42,000 for a 30% ownership interest, which includes a bonus to the new partner. No. Account Titles and Explanation 1. 2. 3