The Struter Partnership has total partners' equity of $580,000, which is made up of Main, Capital, $406,000, and Frist, Capital, $174,000. The partners share net income and loss in a ratio of 75% to Main and 25% 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. (1) Record the admission of Adison with an investment of $145,000 for a 20% interest in the equity and a 20% share in any income and loss.

2. (2) Record the admission of Adison with an investment of $180,000 for a 20% interest in the equity and a 20% share in any income and loss.

3. (3) Record the admission of Adison with an investment of $115,000 for a 20% interest in the equity and a 20% share in any income and loss.