The Struter Partnership has total partners' equity of $520,000, which is made up of Main, Capital, $364,000, and Frist, Capital, $156,000. The partners share net income and loss in a ratio of 73% to Main and 27% to Frist. On November 1, Adison is admitted to the partnership and given a 20% interest in equity and a 20% share in any income and loss.

Prepare journal entries to record the admission of Adison for a 20% interest in the equity and a 20% share in any income and loss under independent assumption.

(1) Record the admission of Adison with an investment of $130,000 for a 20% interest in the equity and a 20% share in any income and loss.

(2) Record the admission of Adison with an investment of $165,000 for a 20% interest in the equity and a 20% share in any income and loss.

(3) Record the admission of Adison with an investment of $100,000 for a 20% interest in the equity and a 20% share in any income and loss.