PB2. The partnership of Arun, Margot, and Tammy has been doing well. Arun wants to retire and move to another state for a once-in-a-lifetime opportunity. The partners capital balances prior to Aruns retirement are $60,000 each. Prepare a schedule showing how Aruns withdrawal should be divided assuming his buyout is:

A. $70,000

B. $45,000

C. $60,000.

In addition, show the resulting entries to the capital accounts of each of the three.