Recording new partner investment-Various situations The AT Partnership was organized several years ago, and on January 1, 2011, the partners agree to admit Carmen for a 40 percent interest in capital and earnings. Capital account balances and profit and loss sharing ratios at January 1, 2011, before the admission of Carmen, are as follows: Aida (50%) $500,000 Thais (50%) 280,000 REQUIRED: Prepare journal entries to record the admission of Carmen for a 40 percent interest in the capital and rights to future profits under the following independent assumptions. 1. Carmen pays $450,000 directly to Aida and Thais for 40% of each of their interests, and the bonus proce- dure is used. 2. Carmen pays $600,000 directly to Aida and Thais for 40% of each of their interests, and goodwill is recorded. 3. Carmen invests $450,000 in the partnership for her 40% interest, and goodwill is recorded. 4. Carmen invests $600,000 in the partnership for her 40% interest, and goodwill is recorded