Problem 12-5A Trayer 40,000 30,000 manually.) 1) Each of the continuing partners agrees to pay S 18,000 in cash from personal funds to purchase Posada's ownership equity. Each receves 50% of Posada's equity, (2) Emig agrees to purchase Posada's interest for $25,000 cash. (4) Posada is paid $22,000 from partnership assets, and bonuses to the remaining partners are recognized. re to search