The Distance Plus partnership has the following capital balances at the beginning of the current year: Tiger (50% of profits and losses) $ 85,000 Phil (30%) 60,000 Ernie (20%) 55,000 Each of the following questions should be viewed independently. a. If Sergio invests $100,000 in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the bonus method is used.