He - Ke - Lo Oriental Design is a partnorshlp owned by three individuale. The partners share profits and looses in the ratio of 30% to Ho, 40% to Ke, and 70% to Lo A Decomber 31, 2024, the firm has the following balance sheet (Click on the icon to view tho balance sheet) On December 31, He withdravs from the partnershp Read the tegohements Requirement 1. In a personal transaction, He sels her equity to Wing. who pays He $150,000 for her interest. Ke and Lo agree to accept Wing as a partner (Recosd debits first, then credits. Select the explanation on the last life af the journal entiy (able) Requirement 2. The partnershup pays He cach of $25.000 and gwes her a note payable for the remainder of her book equity in settement of her partnorship interest. (Record debits first. then credits. Select the explanation on the last line of the joumal entry table.) Requirement 3. The parthership pays He $75,000 for her book equily. (Bocord debins Frnt. then creots Select the explanation on the labt Ine of the jountat entry tation. Bo not found indermediary calculations Only round the amount. you input in the coll to the nearest dollar) Requirement 4. The partnershp pays Hes4,000 for fier book equity (Recotd debits firsti thon credits. Solect the explanation on the fast line of the joural entry table. Do not round Indermedary calalations. Onty round the arnount you input in the cell as the nelarest dsiliar) Data table