Meir, Benson, and Lau are partners and share income and loss in a 2.3.5 ratio (in percents: Meir, 20\%, Benson, 30%, and Lau, 50% ). The partnership's capital balances are as follows: Meir, $72,000; Benson, \$110,000; and Lau, $188,000. Benson decides to withdraw from the partnership. 1. Prepare journal entries to record Benson's February 1 withdrawal under each separate assumption: (Do not round intermediate calculations.) 1. Benson sells her interest to North for $160,000 after North is approved as a partner. 2. Benson gives her interest to a son-in-law. Schmidt, and Schmidt is approved as a parther. 3. Benson is paid $110,000 in partnership cash for her equity. 4. Benson is paid $148,000 in partnership cash for her equity. 5. Benson is paid $24,000 in partnership cash plus equipment that is recorded on the partnership books at $56,000 less accumulated depreciation of $17,920