A$,$ B$,$ and C plan to liquidate their Ocean Breeze Pool and Spa business. They have always shared profit and losses in a ratio of $1$:$4$:$5$ ratio, and on the day of liquidation their balance sheet appeared as follows:

Ocean Breeze Pool and Spa

Balance Sheet as at June $30,2020$

$

$

Fixed Assets

Machinery $($net of depreciation$)$

$451,250$

Current Assets

Cash

$68,750$

Less: Current liabilities

Accounts payable

$130,{375}_{?}$

Net current assets

$61,625$

$389,{625}_{{?}_{?}}$

Capital:

A

$76,250$

B

$200,875$

C

$112,{500}_{?}$

$389,{625}_{{?}_{?}}$

Required

Show the disposal, the gain or loss allocation, and the final distribution of the cash in each of the following independent cases assuming that:

a$)$ The machinery is sold for $$488,130.$

b$)$ The machinery is sold for $$375,000.$

c$)$ The machinery is sold for $$212,500,$ and any partners with resulting deficits can and do pay in the amount of their deficits.

d$)$ The machinery is sold for $$187,500,$ and the partners have $NO$ assets other than those invested in the business.