A company is considering forming a partnership. Please help me to Illustrate the dissolution process by create a hypothetical cash distribution schedule. Start with capital balances, divide by profit sharing ratio and determine partner who would go out with smallest loss, include that loss then do the same till only one partner remains. You would end up showing first $xx go to credits, then next $yy go all to partner a, then do the rest part.

Thank you so much!

Below is an example on the text book

Partner A Capital (50%) Partner B Captial (25%) Partner C Captial (25%) Cash Beginning Balance Sale of Noncash Assets Liquidation Expenses Cash Distribution Payment of Liabilities 10,000 $ 58,000 $ 13,000 $ 20,000 75,000 (40,000) 10,000)(15,000) (20,000) (10,000) (5,000) (5,000) (4,000) (55,000) Current Balances 6,0008,000 (2,000)