Capital balances and profit-and-loss-sharing ratios for the Nix, Man and Per partnership on December 31, 2020, just before the retirement of Nix, are as follows: Nix Capital (30%) Man Capital (30%) Per Capital (40%) Total 128,000 140,000 160,000 428,000 On January 2, 2021, Nix is paid $170,000 cash upon his retirement. Prepare the journal entry(s) to record Nix's retirement assuming that goodwill, as implied by the payment to Nix, is recorded on the partnership books.