N. Essex, C. Gilmore, and C. Heganbart have capital balances of $47,100, $39,100, and $31,400, respectively. Their income ratios are 4:4:2. Heganbart withdraws from the partnership under each of the following independent conditions.

1.		Essex and Gilmore agree to purchase Heganbarts equity by paying $16,200 each from their personal assets. Each purchaser receives 50% of Heganbarts equity.
2.		Gilmore agrees to purchase all of Heganbarts equity by paying $13,500 cash from her personal assets.
3.		Essex agrees to purchase all of Heganbarts equity by paying $21,500 cash from his personal assets.

Journalize the withdrawal of Heganbart under each of the assumptions above.

Please show work