=+EX 12-23 Liquidating partnerships—capital deficiency obj. 4 After closing the accounts on July 1, prior to liquidating the partnership, the capital account balances of Dover, Goll, and Chamberland are $35,000, $50,000, and $22,000, respectively. Cash, noncash assets, and liabilities total $55,000, $92,000, and $40,000, respectively. Between July 1 and July 29, the noncash assets are sold for $74,000, the liabilities are paid, and the remaining cash is distributed to the partners. The partners share net income and loss in the ratio of 3:2:1. Prepare a statement of partnership liquidation for the period July 1–29, 2010.