Sylvia, Sonia and Sana are all partners who operate a beauty salon called S3 Beauty. On December 20, 2023, Sylvia, Sonia and Sana had a capital balance of $340,000,$220,000 and $375,000 respectively. Due to the successful growth of the business, the original partners have agreed to add an additional partner, Sharon. Sharon will be investing $298,000 cash in the business. Do not enter dollar signs or commas in the input boxes. a) Calculate the new capital balance for each partner after Sharon has been added to the partnership. b) Prepare the journal entry to record the admission of Shaton