Tom Rosen and Joe Finney share partnership income on a 6:4 basis. They have capital balances of $560,000 and $280,000, respectively, when Ed Vann is admitted to the partnership. Instructions Prepare the journal entry to record the admission of Vann under each of the following assumptions: (a) (b) Vann invests $340,000 for a 25% ownership interest. Vann invests $200,000 for a 25% ownership interest