Norman, Olivia and Patty are partners with capital accounts of $$400,000,$ $$650,000$ and $$200,000$ respectively. Income is shared in a $1$:$3$:$1$ ratio. Norman resigns from the partnership and receives $$350,000$ in partnership cash. ecord Norman resignation on the partnership books, under each of the following assumptions:

The bonus method is used.

The partial goodwill approach is used, and partnership buildings and equipment are determined to be overvalued by $$250,000.$

The total goodwill approach is used, and partnership buildings and equipment are determined to be overvalued by $$250,000.$