PROBLEM 5 (20 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. Show all computations. a. 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 no goodwill is recognized? Use bonus method. 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 S's goodwill is recognized? b