Assume the following information just prior to the withdrawal of Partner X: Assets Liabilities Cash $20,000 50,000 Accounts payable $5,000 Inventory Partners' Capital $10,000 20,000 35,000 X, Capital Y, Capital Z, Captal 65,000 $70,000 $70,000 Required: Prepare journal entries to record the following unrelated scenarios: 1. Partner X sells his interest to new partner T for $25,000. 2. Partner X sells his interest to partner Y for $30,000. 3. Partner X sells his interest and is paid a share of partnership net assets as follows $ 5,000 5,000 (2,000) $ 8,000 Cash Inventory Accounts payable Partner Y receives a 60% share of the partnership interest cf X. Partner Z receives 40 %