The Distance Plus partners hip has the following capital balances at the beginning of the current y Tiger (40% of profits Phil (40%) Ernie (20%) and losses) $140,000 110,000 125,000 Each of the following questions should be viewed independently a. If Sergio invests $180.000 i n cash in the business for a 30 percent interest, what journal entry is recorded? Assume that the bonus method is used b. If Sergio invests $150:000 in cash in the business for a 30 percent interest, what journal entry is recorded? Assume that the bonus method is used