I got the journalizing entries correct but cannot get the total bonus and cash paid to Posada Please help On December 31, the capital balances and income ratios in Ivanhoe Company are as follows Partner Capital Balance Income Ratio Trayer $59,000 50 Emig 44,500 30 Posada 33,500 20 Your answer is incorrect Try again If Emigs capital balance after Posadas withdrawal is $48,430, what were (1) the total bonus to the remaining partners and (2) the cash paid by the partnership to Posada (1) Total bonus $ (2) Cash paid to Posada

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Question: I got the journalizing entries correct but cannot get the total bonus and cash paid to Posada. Please help! On December 31, the capital balances

I got the journalizing entries correct but cannot get the total bonus and cash paid to Posada. Please help!

On December 31, the capital balances and income ratios in Ivanhoe Company are as follows.

Partner	Capital Balance	Income Ratio
Trayer	$59,000	50%
Emig	44,500	30%
Posada	33,500	20%


	Your answer is incorrect. Try again.

If Emigs capital balance after Posadas withdrawal is $48,430, what were (1) the total bonus to the remaining partners and (2) the cash paid by the partnership to Posada?

(1)		Total bonus		$
(2)		Cash paid to Posada

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