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Please help me solve these two problems! Problem 12-05A a-b On December 31, the capital balances and income ratios in Crane Company are as follows.

Please help me solve these two problems!

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Problem 12-05A a-b On December 31, the capital balances and income ratios in Crane Company are as follows. Capital Balance Income Ratio Partner $58,000 Trayer 50% Emig 37,000 30% Posada 31,500 20% 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 $18,400 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 $36,220 from partnership assets, which includes a bonus to the retiring partner. (4) Posada is paid $22,300 from partnership assets, and bonuses to the remaining partners are recognized. No. Account Titles and Explanation Debit Credit 31,500 1. Posada, Capital Trayer, Capital Emig, Capital Posada, Capital 2. Emig, Capital Posada, Capital 3. Trayer, Capital Emig, Capital Cash 3. Posada, Capital Trayer, Capital Emig, Capital Cash 4. Posada, Capital Trayer, Capital Emig, Capital Cash If Emig's capital balance after Posada's withdrawal is $40,480, 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 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT

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