E12-7 Julie Lane, Sara Miles, and Amber Noll have capital balances of $50,000, $40,000, and $30,000, respectively. The income ratio is 5.3.2. Assume Noll withdraws from the partnership on December 31 of the current year under each of the following independent conditions: 1. Lane and Miles agree to purchase Noll's equity by paying $17,000 each from their personal as- sets. Each purchaser receives 50% of Noll's equity. 2. Miles agrees to purchase all of Noll's equity by paying $35,000 cash from her personal assets. 3. Lane agrees to purchase all of Noll's equity by paying $25,000 cash from her personal assets. Instructions Journalize the withdrawal of Noll under each of the above assumptions. Record withdrawal of par (SO 5) AP