Hunter, Folgers, and Tulip have been partners while sharing net income and loss in a 5:4:1 ratio. On January 31, the date Tulip retires from the partnership, the equities of the partners are Hunter, $360,000; Folgers, $252,000; and Tulip, $180,000. Prepare journal entries to record the retirement of Tulip under the following independent assumptions Assume Tulip is paid $180,000, $200,000, $150,000 for her equity using partnership cash. (Do not round intermediate calculations. Round final answer to the nearest whole dollar.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit Tulip, Capital 180,000 Cash 180,000 2 Tulip, Capital Hunter, Capital Folgers, Capital 180,000 Cash 200,000 3 Tulip, Capital 180,000 150,000 Hunter, Capital Folgers, Capital