A partnership has the following account balances at the date of termination: Cash, $104,000; Noncash Assets, $780,000; Liabilities, $432,000; Bell, capital (50 percent of profits and losses), $210,000; Mann, capital (30 percent), $150,000; Scott, capital (20 percent), $92,000. The following transactions occur during liquidation: Noncash assets with a book value of $620,000 are sold for $520,000 in cash. A creditor reduces his claim against the partnership from $150,000 to $130,000, and this amount is paid in cash. . The remaining noncash assets are sold for $130,000 in cash. The remaining liabilities of $282,000 are paid in full. Liquidation expenses of $26,000 are paid in cash. Cash remaining after the above transactions have occurred is distributed to the partners. Prepare a statement of partnership liquidation to determine how much cash each partner receives from the liquidation of the partnership (Amounts to be deducted should be entered with a minus slgn.) BELL, MANN, AND SCOTT PARTNERSHIP Statement of Partnership Liquidation Noncash Cash Liabilities Assets Bell, Capital (50%) Mann, Capital Scott, Capital (30%) (20%) Beginning balances Sale of noncash assets Pay liabilities Sale of remaining noncash assets Pay remaining liabilities Pay liquidation expenses Subtotal Distribution to partners Ending balances $ 0 $ 0 S S 0 S 0 S 0 $ 0 S 0 S 0 $ 0 S 0 $ 0