Wonder purchased one-half of Darwins' interest in the Todd and Darwins partnership for $50,000. Prior to the investment, land was revalued to a market value of $175,000 from a book value of $100,000. Todd and Darwin share net income equally. Darwin had a capital balance of $40,000 prior to these transactions. Required: a. Provide the journal entry for the revaluation of land.* b. Provide the journal entry to admit Wonder.* *Refer to the Chart of Accounts for exact wording of account titles.