Required information The following condensed balance sheet is presented for the partnership of Der, Egan, and Oprins, who share profits and losses in the ratio of 4.3:3, respectively. Cash Other Assets $ 40,000 710,000 Accounts Payable Der, Capital Egan, Capital Oprins, Capital Total Liabilities and Capital $150,000 260,000 180,000 160, eee $750,000 Total Assets $750,000 Assume that the partnership decides to admit Snider as a new partner with a 25 percent interest Required: For each of the following independent cases, determine the amount that Snider must contribute in cash or other assets. a No goodwill or bonus is to be recorded. (If no entry is required for a transaction/event, select "No journal entry required" in th first account field.) Required information a. No goodwill or bonus is to be recorded. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet A Record Snider's contribution given that no goodwill is recorded. Note Enter debits before credits Event General Journal Debit Credit b. Goodwill of $30,000 is to be recorded and allocated to the original partners. (If no entry is required for a trans "No journal entry required" in the first account field.) View transaction list Journal entry worksheet A B > Record the allocation of goodwill to the original partners. Notei Unter debits before credits Event General Journal Debit Credit b. Goodwill of $30,000 is to be recorded and allocated to the original partners. (If no entry is req "No journal entry required" in the first account field.) View transaction list Journal entry worksheet A B Record the admission of Snider into the partnership. Note: Enter debits before credits Event General Journal Debit Credit 2