Problem 12-5A

On December 31, the capital balances and income ratios in TEP Company are as follows.

Partner	Capital Balance	Income Ratio
Trayer	$63,461	50%
Emig	42,319	30%

Posada

26,870

20%

(1) Each of the continuing partners agrees to pay $19,651 in cash from personal funds to purchase posada's ownership equity. Each receives 50% of Pasada's equity.

(2) Emig agrees to purchase Posada's ownership interest for $24,829 cash.

(3) Posada is paid $30,982 from partnership asets, which includes a bonus to the retiring partner.

(4) Posada is paid $18,310 from partnership assets, and bonus to the remaining partners are recognized.

a. If Emig's capital balance after Posada's withdrawals is $46,108, what were the total bonus to the remaining partners and the cash paid by the partnership to Posada?