The Struter Partnership has total partners' equity of $460,000, which is made up of Main, Capital, $322,000, and Frist, Capital, $138,000. The partners share net income and loss in a ratio of 77% to Main and 23% to Frist. On November 1, Madison is admitted to the partnership and given a 20% interest in equity and a 20% share in any income and loss. (1) Assume Madison invests cash of $115,000. Prepare the journal entry to record the admission of Madison. Record the admission of Madison with an investment of $115,000 for a 20% interest in the equity and a 20% share in any income and loss. (2) Assume Madison invests cash of $150,000. Prepare the journal entry to record the admission of Madison. Record the admission of Madison with an investment of $150,000 for a 20% interest in the equity and a 20% share in any income and loss. (3) Assume Madison invests cash of $85,000. Prepare the journal entry to record the admission of Madison. Record the admission of Madison with an investment of $85,000 for a 20% interest in the equity and a 20% share in any income and loss.