On December 31, the capital balances and profit and loss ratios in the MRS Partnership are as follows Capital Profit and Partner Balance loss ratio B. McLaren $83,000 41% P. Ready 70,000 34% D. Symes 41,500 25% Assume Symes withdraws from the partnership on December 31 of the current year under each of the following independent conditions: (a) Symes is paid $38,500 cash from partnership assets. (b) Symes is paid $47,500 cash from partnership assets. () McLaren and Ready agree to purchase Symes' equity by paying $21,750 each from their personal assets. Each purchaser receives 50% of Symes' equity. Ready agrees to purchase all of Symes' equity by paying $43,500 cash from his personal assets. (d) (e) McLaren agrees to purchase all of Symes' equity by paying $36,500 cash from his personal assets. (0) Symes withdraws $41,500 cash from the partnership.