Brenda Roberts, Lacy Peters, and Aarin MacDonald are partners in RPM Dance Studios. They share profit and losses in a 40:40:20 ratio. Aarin retires from the partnership on October 14,2023 , and receives $82.000 cash plus a car with a book value of $42,000 (original cost was $88,000 ). Required: For each of the following unrelated situations, present the journal entry to record Aarin's retirement assuming the equities of the partnership on October 14 are: a. Roberts, $302,000; Peters, $402,000; MacDonald, $124,000.
b. Roberts, $102,000; Peters, $124,000; MacDonald, $162,000.
c. Roberts, $132,000; Peters, $162,000; MacDonald, $62,000.