Problem 12-05A a-b On December 31, the capital balances and income ratios in Wildhorse Company are as follows. Partner Capital Balance Trayer Emig $55,500 43,500 32,500 Income Ratio 50% 30% 20% Posada Your answer is correct. Journalize the withdrawal of Posada under each of the following assumptions. (Credit account tities are automatically indented when amount is entered. Do not indent manually.) (1) Each of the continuing partners agrees to pay $19,200 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 $25,000 cash. (3) Posada is paid $37,220 from partnership assets, which includes a bonus to the retiring partner. (4) Posada is paid $24,340 from partnership assets, and bonuses to the remaining partners are recognized. No. Account Titles and Explanation Debit Credit 1. Posada, Capital 32500.00 Trayer, Capital DEL 16250.00 Emig, Capital 16250.00 2. Posada, Capital 32500.00 | | Emig, Capital 32500.00 3. Posada, Capital Trayer, Capital Emig, Capital Cash 37220.00 4. Posada, Capital Cash 24340.00 Trayer, Capital 5100.00 Emig, Capital T 3060.00 x Your answer is incorrect. Try again. If Emig's capital balance after Posada's withdrawal is $46,800, what were (1) the total bonus to the remaining partners and (2) the cash paid by the partnership to Posada? (1) Total bonus 32499.00 (2) Cash paid to Posada | 32500.00