We were unable to transcribe this image

Saved t3 (unlimited attempts) Eca the date Tulip retires Hunter, Folgers, and Tulip have been partners while sharing net income and loss in a 523 ratio. On January 31, from the partnership, the equities of the partners are Hunter, $320,000, Folgers, $224,000, and Tulip, $160,000 Prepare journal entries to record the retirement of Tulip under the following independent assumptions. Assume Tulip is paid $160,000, $180,000, $130.000 for her equity using partnership cash. (Do not Eng Acc round intermediate calculations Round final answer to the nearest whole dollar View transaction list View journal entry worksheet Debi No 160,000 ulip, Capital 160,000 Cash 160,000 Tulip, Capital Hunter, Capital Folgers, Capital 14,286 5,714 180.000 Cash 160,000 Tulp Capital 21,429 8.571 130 000 Folgers Capital Hunter, Capital Cash