In the LMK partnership, Luiss capital is $40,900, Martys is $51,900, and Karls is $30,500. They share income in a 4:1:1 ratio, respectively. Karl is retiring from the partnership. Required: Prepare journal entries to record Karls withdrawal according to each of the following independent assumptions: Karl is paid $38,800, and no goodwill is recorded. Karl is paid $42,200, and only his share of the goodwill is recorded. Karl is paid $35,600, and all implied goodwill is recorded