The partnership of Darman and Even has been operating for several years. The partners have the following capital accounts and profit-and-loss-sharing ratios: Capital P&L Darman, Capital $740,000 70% Evan, Capital 520,000 30% $1,260,000 100% They plan to admit a new partner, Ford, Into the partnership. Prepare the requested journal entries under the following INDEPENDENT scenarios. Note the new partner's ownership interest can differ between questions. 1. Ford invests 8960,000 for a 40% share in capital and profits & losses. Use thebonus method. 2. Ford invests $960,000 for a 40% share in capital and profits & losses. Use thegoodwill method. 3. Ford purchases 60% of Darman and Evan's interests for a total price of $880,000(the partners receive the cash, not the partnership). Use the bonus method. 4. Ford invests $420,000 for a 30% share in capital and profits & losses. Use thegoodwill method. 5. Ford invests $420,000 for a 30% share in capital and profits & losses. Assumeovervalued assets