A local partnership is to be liquidated. Commissions and other liquidation expenses are expected to total $19,000. The businesss balance sheet prior to the commencement of liquidation is as follows:

Cash	$	27,000			Liabilities	$	40,000
Noncash assets		254,000			Simpson, capital (20%)		18,000
					Hart, capital (40%)		40,000
					Bobb, capital (20%)		48,000
					Reidl, capital (20%)		135,000
Total assets	$	281,000			Total liabilities and capital	$	281,000

Prepare a predistribution plan for this partnership.