On December 31, Sally retires from the partnership of Sally, Bret, and Ted. The partner capital balances are Sally, $40,000; Bret \$46,000; and Ted, \$20,000. The profit-and-loss-sharing ratio has been 5:3:2 for Sally. Bret, and Ted. respectively. Requirements 1. Journalize the withdrawal of Sally assuming she receives $45,000 cash. 2. Journalize the withdrawal of Sally assuming she receives $32,000 cash. Requirement 1. Journalize the withdrawal of Sally assuming she receives $45,000 cash. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.)