Matiam, Francis, and Catherine are partners in a flower business. They share income and loss in a 5:3.2 ratio. On August 1, Catherine leaves the partnership On this date the equities of the partners are Mariam. $310,000, Francis, $217,000, and Catherine, $155,000. Assume Catherine is paid $175,000 cash when she leaves the partnership Required: Prepare the joumal entry to record Catherine leaving the partnership (Do not round intermediate calculations. Round final answer to the nearest whole dollar) View transaction list Journal entry worksheet 1 Prepare the journal entry to record Catherine leaving the partnership: Note: Enter debits before credits General Journal Transaction Aug 1 Debit Credit