The Distance Plus partnership has the following capital balance 25 points Tiger (50% of profits and losses) Phil (40%) Ernie (10%) $160,000 130,000 145,800 Each of the following questions should be viewed independently. Print References O Sergio invests $190,000 in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the bonus method is used. b. If Sergio invests $140.000 in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the bonus method is used. c. If Sergio invests $150,000 in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the goodwill method is used Complete this question by entering your answers in the tabs below. Required A Required B Required If Sergio invests $190,000 in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the bonus method is used. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)