Ace, Jack, and Spade has been in business for 25 years. On December 31, 20X5, Spade decided to retire. The partnership balance sheet reported the following capital balances for each partner at The partnersh December 31, 20x5 $ 151,100 Ace, Capital Soade. Capital 120,800 the ratio 20:30:50, respectively. The partners allocate partnership income and loss Pecord Spade's withdrawal under each the following independent situations. Award: 5.88 points . Spade received $151,100 of partnership cash upon retirement. The partnership recorded the portion of goodwill attributable to Spade. (If no entry is required for a transaction/event, select "No journal entry required" in the first account fie ld.) View transaction list Journal entry worksheet A Record the payment of $151,100 upon retirement to Spade and the goodwill. recognition Note: Enter debits before credits. Event General Journal Debit Credit 1