N. Essex, C. Gilmore, and C. Heganbart have capital balances of $49,700, $43,100, and $34,100, respectively. Their income ratios are 4 : 4 : 2. Heganbart withdraws from the partnership under each of the following independent conditions. 1. Essex and Gilmore agree to purchase Heganbart’s equity by paying $16,700 each from their personal assets. Each purchaser receives 50% of Heganbart’s equity. 2. Gilmore agrees to purchase all of Heganbart’s equity by paying $14,100 cash from her personal assets. 3. Essex agrees to purchase all of Heganbart’s equity by paying $25,000 cash from his personal assets.