Required information The following information applies to the questions displayed below. Debra and Merina sell electronic equipment and supplies through their partnership. They wish to expand their computer lines and decide to admit Wayne to the partnership. Debra's capital is $200,000, Merina's capital is $160,000, and they share income in a ratio of 3:2, respectively. Required Record Wayne's admission for each of the following independent situations: a. Wayne directly purchases half of Merina's investment in the partnership for $99,000. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list View journal entry worksheet No Event General Journal Debit Credit Merina, Capital 80,000 Wayne, Capital 80,000