What are the answers to B1 and B2?

x CengageNOWv2 | Online teachin x + ow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Calculator b. Provide the journal entry for the bonus under the following independent situations: 1. Lin purchased a 30% interest in Alert Medical, LLC, for $406,000. For a compound transaction, if an amount box does not require an entry, lopes it blank Cash Abrams, Member Equity Lipscomb, Member Equity Lin, Member Equity Feedback Check My Work b.1. Determine the total capital, including the new contribution. Calculate the new member's share of the total capital. If the new member's contribution exceeds his share of the capital, the bonus goes to the existing members. If the new member's share of the capital exceeds the contribution, the bonus goes to the new member. 2. Lin purchased a 25% interest in Alert Medical, LLC, for $207,000. For a compound transaction, if an amount box does not require an entry, leave it blank. Cash Abrams, Member Equity X Lipscomb, Member Equity X Lin, Member Equity Check My Work Previous Next 11:20 PM e W 9 6/7/2020 backsonce P