The capital accounts of Hope and Indiana have balances of $115,000 and $95,000, respectively. Clint and Casey are to be admitted to the partnership. Clint buys one-fifth of Hope's interest for $30,000 and one-fourth of Indiana's interest for $20,000. Casey contributes $45,000 cash to the partnership, for which he is to receive an ownership equity of $45,000. Required: 1. Joumalize the entries to record the admission of (a) Clint and (b) Casey. If an amount box does not require an entry, leave it blank. 0 2. What are the capital balances of each partner after the admission of the new partners? Hope Indiana Clint $ Casey