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Question 3 of 4 / 20 View Policies Current Attempt in Progress At April 30. partners capital balances in GCR Company are G. Clark $45,200,

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Question 3 of 4 / 20 View Policies Current Attempt in Progress At April 30. partners capital balances in GCR Company are G. Clark $45,200, C. Robinson 349.200, and J.Garoa 520.000. The income sharing ratios are S:4:1, respectively. On May 1, the GCRL Company is formed by admitting I Lewis to the firm as a partner (3) Lewis invests $64.200 for a 30% ownership interest, and bonuses are given to the old partners. (4) Lewis invests $40,000 for a 30% ownership interest, which includes a bonus to the new partner. No Account Titles and Explanation Debit Credit 1 3. Garcia Capital 22600 1. Lewis Capital 22600 2. c. Robinson, Capital 3180 Clark Capital 2528 @ Robinson Capital 632 J. Lewis Capital 46320 (5) Robinson's capital balance is $30.000 after admitting Lewis to the partnership by investment. If Robinson's ownership interestis 20% of total partnership capital, what were (1) Lewis's cash investment and (2) the bonus to the new partner? (1) Lewis's cash Investment $ (2) Bonus to new partner $ e Textbook and Media Assistance Used Textbook Attempts: 0 of 1 used Submit Answer Save for Late

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