On December 31, the capital balances and income ratios in Cullumber Company are as follows. Partner Capital Balance Income Ratio Trayer $56.000 50% Emig 38,500 30% Posada 34,000 20% (a) - Your answer is partially correct. Journalize the withdrawal of Posada under each of the following assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (1) Each of the continuing partners agrees to pay $ 16,600 in cash from personal funds to purchase Posada's ownership equity. Each receives 50% of Posada's equity. (2) Emig agrees to purchase Posada's ownership interest for $ 23,600 cash. (3) Posada is paid $ 38,720 from partnership assets, which includes a bonus to the retiring partner. (4) Posada is paid $ 25,120 from partnership assets, and bonuses to the remaining partners are recognized. I No. Account Titles and Explanation Debit Credit 1. Posada, Capital 34000 Trayer, Capital 17000 Emig, Capital 17000 2. Posada, Capital 34000 Emig, Capital 34000 3. Posada, Capital 34000 Trayer, Capital Emig, Capital MOME Cash 4. Posada, Capital 34000 Trayer, Capital Emig, Capital Cash If Emig's capital balance after Posada's withdrawal is $ 42,160, what were (1) the total bonus to the remaining partners and (2) the cash paid by the partnership to Posada? (1) Total bonus $ $ (2) Cash paid to Posada $