PROBLEM 4 PLEASE!!

a. Refer to the above information. Assume Z invests $60,000 cash into the XY partnership for a one-fourth interest in partnership capital and profits. Show computations b. Refer to the above information. Assume that Zinvests $80,000 cash into the XY partnership for a one-fifth interest in partnership capital and profits. Show computations. PROBLEM 4-10 points The statement of financial position of the FAS partnership at December 31, 2018, appears below: Cash $ 400,000 Liabilities $ 80,000 Other Assets 800,000 F, Capital 280,000 A, Capital 460,000 S, Capital 380,000 Total Assets $1.200.000 Total Liabilities and Capital $1.200.000 Partners F. A. and S share profits and losses 30:20:50, respectively. Each question below is independent of the others. Refer to the above information. Assume Partner S retires from the partnership and receives $420,000 for her capital interest. Prepare the journal entry when S retires and a bonus is recognized. Show computations. PROBLEM 5-20 points The following balance sheet was prepared for ABC Partnership, whose partner's share net income and losses in the ratio of 3:1:1 respectively: Cash $ 40,000 Liabilities $70,000