A partnership is considering possible liquidation because one of the partners (Bell) is personally insolvent. Profits and losses are divided on a 4:3:2:1 basis, respectively. Capital balances at the current time are Be11, capital Hardy, capital Dennard, capital Suddoth, capital $93,500 82,000 17,000 97,000 Check my work Bell's creditors have filed a $38,000 claim against the partnership's assets. The partnership currently holds assets of $470,000 and liabilities of $180,500. An independent appraiser indicates that the assets can be sold for $275,000. Required: Prepare a statement of partnership liquidation to determine the amount of cash that Bell would receive from the sale of partnership assets. Note: Amounts to be deducted should be entered with a minus s