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Camila, Dani, and Olivia are members of an Limited liability company (LLC) and share net income and loss equally. Olivia withdraws from the business

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Camila, Dani, and Olivia are members of an Limited liability company (LLC) and share net income and loss equally. Olivia withdraws from the business when equity for each member is Camila, $19,800; Dani, $6,800; and Olivia, $8,800. Olivia is paid $13,600 for her equity in the LLC. Prepare the entry to record Olivia's withdrawal. Hint: Use the following LLC equity accounts: Camila, Member Equity; Dani, Member Equity; Olivia, Member Equity.

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