Lopez, Cruz, and Perez are parthers and share net income and ioss in a 7:3.1 ratio (in ratio form: Lopez, 7i11; Cruz; 3/1;; and Perez, /11) On December 31, Perez withdraws from the partnership when the equities of the parthers are; Lopez, \$4,600; Cruz, $3,400; and Perez, \$2,800. Prepare journal entries to record Perez's withdrawal under each separate situation: Perez is pald for her equity using partnership cash of (1) \$2,800; (2) $4,000; and (3) $1,500. Journal entry worksheet Record the retirement of Perez assuming that she is paid $2,800 for her equity. Note: Inter debits before credits. partnership cash of (1) $2,800;(2)$4,000; and (3) $1,500. Journal entry worksheet Record the retirement of Perez assuming that she is paid $4,000 for her equity. Note: Enter debits before credits. Journal entry worksheet Record the retirement of Perez assuming that she is paid $1,500 for her equity. Note: Enter debits before credits