Paragraph Styles Voice Question #6 /5 Marks) The capital balances and income ratios in ABC Company are as follows. Partner Capital Balance Income Ratio Partner A $200,000 50% Partner B 102,000 30 Partner 50,000 20 Instructions (a) Journalize the withdrawal of Partner C under each of the following independent assumptions. (1) Each of the remaining partners agrees to pay $30,000 in cash from personal funds to purchase Partner C's ownership equity. Each receives 50% of Partner C's equity. Debit Credit Paragraph Styles Editing (2) Partner B agrees to purchase Partner C's ownership interest for $44,000 in cash. Debit Credit (3) From partnership assets, Partner C is paid $68,000, Bonus method is used. Debit Credit Display Settings Focus Paragraph 23 Styles EC (4) Partner C is paid $38,000 from partnership assets. Bonus method is used. Debit Credit (b) If Partner B's capital balance after Partner C's withdrawal is $110,000. what were the total bonus to the remaining partners