The capital balances and profits-and-loss-sharing percentage of the Sprint, Jog, and Run partnership at December 31, 2020, are as follows: Sprint Capital (30%) 160,000 Jog Capital (50%) 180,000 Run Capital (20%) 140,000 Total 480,000 The partners agree to admit Walk into the partnership on January 1, 2021, for a 20% interest in the capital and income of the business. 1) Prepare the journal entry(s) to record Walk's admission to the new partnership assuming that he invested $140,000 in the partnership for the 20% interest and that partnership capital is revalued. 2) Prepare the journal entry(s) to record Walk's admission to the new partnership assuming that he invested $100,000 in the partnership for the 20% interest and that partnership capital is revalued