Required information

$[$The following information applies to the questions displayed below.$]$ and Lau, $50\%).$ The partnership's capital balances are as follows: Meir, $$35,000$; Benson, $$147,000$; and Lau, $$188,000.$ Benson decides to withdraw from the partnership.

Prepare journal entries to record Benson's February $1$ withdrawal under each separate assumption: $($Do not round intermediate calculations.$)$

Benson sells her interest to North for $$160,000$ after North is approved as a partner.

Benson gives her interest to a son$-$in$-$law, Schmidt, and Schmidt is approved as a partner.

Benson is paid $$147,000$ in partnership cash for her equity.

Benson is paid $$185,000$ in partnership cash for her equity.

Benson is paid $$24,000$ in partnership cash plus equipment that is recorded on the partnership books at $$56,000$ less accumulated depreciation of $$17,360.$