2. Partners Ken and Macki each have a $40,000 capital balance and share income and losses in the ratio of 3:2. Cash equals $20,000, noncash assets equal $120,000, and liabilities equal $60,000. If the noncash assets are sold for $50,000. A) Prepare the liquidation statement( if there is a cash deficiency assume that the partner is unable to pay) B) Journalize the liquidation