A local partnership is to be liquidated. Commissions and other liquidation expenses are expected to total $19.00O. The business's balance sheet prior to the commencement of liquidation is as follows: s 40,eee 18,800 48,888 48,880 Cash Noncash assets s 27,e08 ee0 Labilities 254,0 s Simpson, capital (28%) Hart, capital (48%) Bobb, capital (20%) Reid, capital (28%) Total assets 281,888 Total liabilities and capital 5 281,eee Prepare a predistribution plan for this partnership. Complete this question by entering your answers in the tabs below. Partner AllocationBalances Prepare the loss allocation table. Partner Capital Balance Loss Allocation Loss That Can Schedule 1 Simpson Hart Bobb Reid Schedule 2 Hart Bobb Reid Schedule 3 Bobb Reid Complete this question by entering your answers in the tabs below. Allocation Balances Prepare the table showing partner balances. Reported balances Assumed loss Schedule 1 Adjusted balances Assumed loss Schedule 2 Adjusted balances Assumed loss Schedule 3 Adjusted balances 18.000 40.000 48.000 90.000 8,00040 40,00048 43.000 135.000 90.000 Loss Allocation Partner Balances