Partner Income Ratio 50% Trayer Emig Posada Capital Balance $64,500 35,000 34,500 30% 20% Your answer is correct. Journalize the withdrawal of Posada under each of the following assumptions. (Credit account titles are automatically indented when amount is entered. Do not inden manually.) (1) Each of the continuing partners agrees to pay $19,600 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 $24,200 cash. (3) Posada is paid $37,700 from partnership assets, which includes a bonus to the retiring partner. (4) Posada is paid $25,780 from partnership assets, and bonuses to the remaining partners are recognized. No. Account Titles and Explanation Debit Credit 1. Posada, Capital 34500 Trayer, Capital 17250 Emig, Capital 17250 2. Posada, Capital 34500 Emig, Capital 34500) 3. Posada, Capital 34500 Trayer, Capital 2000 Emig, Capital 12001 Cash 37700 4. Posada, Capital 34500 Trayer, Capital 5450 Emig, Capital 3270 Cash 25780 SHOW SOLUTION SHOW ANSWER LINK TO TEXT x Your answer is incorrect. Try again. If Emig's capital balance after Posada's withdrawal is $38,930, what were (1) the total bonus to the remaining partners and (2) the cash paid by the partnership to Posada? X (1) Total bonus 9040 $ X (2) Cash paid to Posada 19960