Kazma, Folkert, and Tucker are partners with capital account balances of $32,700, $76,500, and $41,500, respectively. Income and losses are divided in a 4:4:2 ratio. When Tucker decided to withdraw, the partnership revalued its assets from $207,500 to $232,900, which represented an increase in the value of inventory of $8,000 and an increase in the value of land of $17,400. Tucker was then given $16,000 cash and a note for $42,000 for his withdrawal from the partnership.

(b) Prepare the journal entry to record the withdrawal using the following independent methods. Bonus Partial goodwill 3. Full goodwill amount. 1. 2. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit 1. Bonus Partial goodwill recorded (To record goodwill) (To record withdrawal from the partnership) .Full goodwill recorded (To record goodwill) (To record withdrawal from the partnership)