Yon Haggerdorf and Sue Lee, who have ending capital balances of $80,000 and $60,000, respectively, agree to admit two new partners to their business on April 1, 20-, Carlos Sanchez will buy 1/4 of Haggerdorf's equity interest for $20,000 and 1/3 of Lee's equity Interest for $25,000 directly from the partners. Carmen Della will invest $30,000 in the business for which she is to receive a $30,000 equity interest Required: a. Prepare general journal entries showing the above transactions admitting Sanchez and Della to the partnership. If an amount box does not require an entry, leave it blank Page 1 DATE DESCRIPTION POST DEBIT CREDIT REF. 1 Apr. 1 $ 2 2 3 3 4 5 Apr. 1 6 6 b. Calculate the ending capital balances for all your partners after the above transactions Ending capital balances as of April 1, 20- Carmen Delle Yon Haggerdorf Sue Lee Carlos Sanchez After closing the temporary owners' equity accounts into Income Summary, and after allocating the net income and closing the partners' drawing accounts, assume the partner capital accounts had credit balances as follows: Rhodes, $40,000: Serrata, 550,000: Shepard, $75,000. Partners share profits and losses as follows: Rhodes, 209: Sarrata, 30 and Shepard, 50%. If Shepard retired and withdrew $85,000 in settlement of his equity and settlements are allocated according to capital Interests, the amount entered in Rhodes' capital account would be a O $6,000 credit Ob $4.000 credit Oc. 54.000 debit Od 4.000 de