Jung, Stacy, and Cooper each have a \($200,000\) capital balance. They share profits and losses as follows: 1:2:1 to Jung, Stacy, and Cooper, respectively. Suppose Cooper is withdrawing from the business.
Requirements 

1. Journalize the withdrawal of Cooper if the partnership agrees to pay Cooper \($200,000\) cash.
2. Journalize the withdrawal of Cooper if the partnership agrees to pay Cooper \($140,000\) cash.