2 The Drysdale, Koufax, and Marichal partnership has the following balance sheet immediately prior to liquidation: Cash $ 36,000 Liabilities Dryadale, loan Dryadale, capital (50%) Koufax, capital Marichal, capital (204) $50,000 10,000 70,000 60,000 50,000 Noncash assets 204,000 (304) kipped a. Liquidation expenses are estimated to be $15,000. Prepare a predistribution schedule to guide the distribution of cash. b. Assume that assets costing $74,000 are sold for $60,000. How is the available cash to be divided? eBook Print Complete this question by entering your answers in the tabs below. References Req A1 Req Req B Liquidation expenses are estimated to be $15,000. Prepare a predistribution schedule to guide the distribution of cash. DRYSLADE, KOUFAX, AND MARICHAL Distribution of Available Cash First Liabilities Liquidation expenses % Next % Next % % All remaining cash