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A, M, and I are partners with profit sharing percentages of .40,.20, and 40, respectively, and that I decides to retire A Capital - $70,000 M capital - 50,000 I capital -80,000 The partners agree that the business is undervalued on the partnership books and that I will be paid $92,000 in the settlement of his partnership interest By using Goodwill method, record)'s withdrawal De capital 80.000 Dk A capital 8.000 Dr. M capital 4,000 Os cash 92.000 De capital 92.000 C Cash 92.000.0 De capital 80.000 On Good 12.000 Os Cach 92.000 Nare of the above.d