Alana Burno is retiring from the partnership of Burno, King, and Harrison on March 31 The partner Capital balances are Burno, $111,000, King. $154.000, and Harrison, 573,000. The partners agree to have the partnership assets revalued to current market values. The Independent appraiser reports that the book value of the inventory should be decreased by $30,000, and the book value of the land should be increased by 599,000. The partners agree to these revaluations. The profit-and-loss ratio has been 2:4:4 for Bumo, King, and Harrison, respectively. In retiring from the firm, Burno received 5153,000 cash Required Joumalize (a) the asset revaluations, and (b) Burno's withdrawal from the firm a. Journalize the revaluation of the inventory (Record debits first, then credits. Explanations are not required.) Journal Entry Date Accounts Debit Credit Mar 31 Journalize the evaluation of the land Journal Entry Date Accounts Debit Credit Mar 31 b. Journalize Buro's withdrawal from the firm Journal Entry Accounts Date Debit Credit Mar 31