31. The prestip of Prick, Wild Clarke has elected to come allom a liquidaten Trenines property. A balance sheet drawn up at this time shows the following account balance Cash $ 60,000 Lisbe $40.000 Noncash assets 219.000 Frick capital (809 129.000 Wiro, capital 2014 35.000 Clarke, capital 20% 75.000 Total assets $279.000 Totalties and capital $270.000 Part A Prepare a peedistributie plan for this partnehip Part B The following transactions cour in liquidating this business 1. Distributed safe payments of cash immediately to the put Liquidation expenses of S8.000 estimated as a basis for this computation. 2. Sold noch sets with a book value of $94.000 for 560,000, 2. Paid all liabilities 4. Datud safe payments of each again 5 Sold remaining cash swts for $51.000. 6. Pald actualidation expenses of $6,000 caly. 7. tributed remaining call to the parties and closed the financial records of the business permanently. Produce a final statement of dition for this purposing the predistribution plan to deter mine payments of cash to partners Parte Prepucal entries to record the liquidation transaction flected in the final statement of liquidation